Managers of Wealth Asia Pacific

Norwegian-style sovereign wealth fund not sensible

Norway's example of a sovereign wealth fund that captures some of the profits generated by the resources boom wouldn't work in Australia, a Treasury adviser says.

Korea Life likely to ditch plan to buy ING's SE Asia unit

The decision could deal a blow to the Dutch financial group's Asian divestment process, in which it is selling Asian life insurance and asset management operations in two separate transactions.

China's fund houses gear up for gold ETFs - sources

Spot gold surged 43 percent during the period. So far this year, bullion has gained about 3 percent though prices are down 16 percent from a peak above $1,920 hit last year.

Reliance Life to introduce fixed salary for advisors

The Anil Ambani-led Reliance group firm is launching the salary-based insurance agent drive in semi-urban and rural areas.

OCBC's unit sells 70% stake in PMFB to Great Eastern's unit

OCBC Capital has signed two conditional sale and purchase agreements which will see Lion Global Investors Limited acquire a 70 per cent stake in PMFB for RM33 million, and Koperasi Angkatan Tentera Malaysia Berhad buy the other 15 per cent stake for RM7

CalPERS commits $530 million to Asia real estate funds

CalPERS will invest $480 million to the ARA Long Term Hold Fund sponsored by ARA Asset Management, a member of the Cheung Kong Group.

Reliance Cap concludes asset arm stake sale to Nippon Life

The sale has pushed Reliance Capital's value to $1.1 billion, in the largest such deal for an Indian asset management firm.

Carlyle, China private equity firms bid for Focus Media

Deal targets the biggest ever delisting of a New York-listed Chinese company

AMP lifts first half profit to $383m ‎

The result was ahead of the market's consensus of $469m.

Asia calling: Nikko AM platform seeks best of Europe managers

In May, the firm hired Aoifinn Devitt (pictured) from Ignis Asset Management to head its manager selection business from primarily Japan, to Europe and other parts of Asia.

Reliance Life aims to be among top 3 private life insurers in 3 yrs

on date, Reliance Life is in the sixth position in premium income among the private players. Bancassurance has been a distribution gap for Reliance Life.

Braveheart ‘on course’ as it focuses on fund management

The Perth-based group, which made its name as an “angel investor” specialising in Scottish technology start-ups and university spin-off companies, is looking forward to a surge in fee income after taking charge of two government-backed funds w

Hedge fund trade body hurdles Great Wall to land in Shanghai

He will work not only with the city's alternative investment firms, but also to help educate the public there about the Chinese hedge fund industry.

Hedge fund Tiger Asia to return investor money

Tiger Asia has denied all the allegations.

Hedge Fund Association opens local chapter in China

Additionally, the HFA China chapter will be holding an event on September 1st at the highly-respected Cheung Kong Graduate School of Business (CKGSB) in Beijing that will discuss how foreign hedge funds will possibly be able to raise assets in China and a

Life insurance ownership limits in India, other Asian countries

Foreign insurers eager to tap Asia's rapid premium growth often face regulatory hurdles due to ownership restrictions. Here is a snap shot of foreign ownership limits in Asia.

Partnership and product innovation are key in Asia

Despite this, some commentators have suggested that these markets, in particular Hong Kong, are becoming more difficult to gain access into.

BSP approves PNB-Allied Bank merger

THE MONETARY Board of the Bangko Sentral ng Pilipinas has green-lighted the merger of the Philippine National Bank PNB and Allied Banking Corp. Allied Bank, leaving the approval of the Securities and Commission SEC as the only stumbling block to the two b

Coldwell Banker teams up with BOC to entice rich Chinese

In Paris, Chinese buyers have jumped from 0.3 percent of buyers in 2009 to an expected 2.0 percent this year, with luxury apartments with a view of the Seine and the city's monuments enjoying the most demand from Asian clients.

Goldman Sachs, NEA invest $54 mln in Indian healthcare firm

Goldman Sachs has deployed more than $2 billion in India since 2006.

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