05/13/2013
EQT ups offer for Trust Company
Equity Trustees (EQT) has issued revised proposal for the acquisition of The Trust Company after its first offer was rejected in favour of a counter offer by Perpetual Limited (Perpetual).
Alternative Investments
05/12/2013
India's Gold Bullion Imports Jump 138% on Price Crash
GOLD BULLION imports to India rose 138% in April from March, the Ministry of Commerce and Industry said Monday
05/12/2013
BlackRock set to launch more Hong Kong-domiciled funds
BlackRock, the world's largest fund company by assets, plans to launch more Hong Kong-domiciled funds as part of a deeper push into Asia.
05/12/2013
Unfamiliarity leads HK investors to shy away from RQFII products, survey says
Hong Kong investors do not consider Renminbi Qualified Foreign Institutional Investors (RQFII) products as preferred tools for personal investment portfolios in the coming year, according to a survey conducted by AMTD Financial Planning.
05/09/2013
Aussie seeder Scout Global to launch offshore fund version of its family office emerging manager fund
What Scout Global is looking for is emerging managers with smaller assets under management who target a specific market characteristic such as exploiting short term trends, or a manager with an innovative trading methodology.
05/09/2013
Gottex, Astmax to offer absolute-return strategies to Japanese institutional investors
The two firms have agreed to mutually distribute their respective investment products
05/09/2013
Bank of America Names New Real Estate Banking Head in Australia
Prior to joining BofA Merrill Lynch, he was an executive director at UBS AG.
05/09/2013
Global investors moving away from gateway cities
Gateway cities are still firm favourites among global investment funds and institutional investors
05/08/2013
AMP cash flows rise in 1Q
AMP Limited (ASX:AMP) says cash flows for its financial services arm and group assets under management have improved significantly in the first quarter.
05/08/2013
ICICI Lombard launch new product for MF investors
This is the first general insurance policy in the country to be offered with MF investments
05/07/2013
Sumitomo Mitsui Buys $947 Million Stake in TPG’s Bank Tabungan
To expand in Southeast Asia’s most populous nation
05/07/2013
Ex-Tower Investment staff set up firm
A new boutique fund management firm is set to emerge following the departure of Tower Investments' entire equities team from new owner Fisher Funds.
05/07/2013
Citigroup Cuts Deutsche Bank Currencies Lead as Asia Trade Jumps
Citigroup came second in the annual rankings with a 14.90 percent market share
05/06/2013
Citi to be First Bank in China to Launch Multi- Currency Notional Pooling with RMB Capability
"The introduction of RMB capability further underlines the importance of RMB as a strategic currency in treasury management and should also help promote Shanghai’s position as an international financial center.”
05/06/2013
Perpetual to acquire The Trust Company
The deal is subject to shareholder and regulatory approval though The Trust Company's board
05/06/2013
Mirae Asset targets global ETF buildout
An Asset Global Investments is setting out to expand its exchange-traded fund (ETF) business globally into the US, Latin America and South Asia.
05/06/2013
China's Gold Bullion Imports Doubled Before Price Drop
Physical demand picked up significantly over the last couple of weeks
05/05/2013
Pimco expands in Asian pensions market
Asia's expanding pool of private savings and a need to fund the retirement of the region's ageing population
05/05/2013
Two giant IPOs kick off roadshows in Hong Kong
Hong Kong’s initial public offering (IPO) market is gathering momentum as Sinopec Engineering and China Galaxy kick off their institutional roadshows, receiving orders from institutional investors on May 6 to raise a total of HK$28 billion (US$3.6 b
05/05/2013
Christie’s Launch Innovative Vineyard Acquisition Advisory Service
This pioneering program was conceived to meet demand from clients at Christie’s wine auctions in Hong Kong