02/19/2013

Bank of Ningbo to set up fund management arm

Bank of Ningbo is one of the five commercial banks that have been allowed to set up fund management companies under a pilot program approved by the State Council.

02/12/2013

NBAD partners with top Asian investment group

This partnership allows us to expand the reach of our investment products, especially in Hong Kong which is the centre of Asian commerce and the international gateway to China," said Alan Durrant

02/10/2013

Perpetual offloads loan servicing business to AMAL Asset Management

FUND manager Perpetual has continued its drive to reduce costs with the sale of its loan servicing business to AMAL Asset Management. Sydney-based AMAL Asset said the deal meant it would acquire contracts worth around $1.3 billion - including more than 1