Managers of Wealth Asia Pacific

AMP partners with Morningstar for research

Andy King, advice integration manager at AMP said he welcomed the appointment of Morningstar to support its existing internal research capability.

HKMA's e-bill to bring easier cross-border yuan settlement

Hong Kong has a high penetration rate of e-banking, as the average number of e-banking accounts grew 22 percent annually in the last 10 years.

Alpen Capital opens office in Bangalore

Alpen also operates a financial advisory and consultancy firm in India called Sarasin Alpen India, a subsidiary of the Swiss private bank, Bank Sarasin.

Banks in Asia boost electronic execution capabilities in race to get ahead

Gone are the days where aiming for mass market appeal was almost enough to get a slice of the action in Asia's structured products markets.

ING Said to Seek Single Buyer for Southeast Asia, Japan Unit

Bidders including Manulife Financial Corp. have expressed willingness to buy the Japanese operations as part of a deal for ING units in Hong Kong and Southeast Asia, said the people, who asked not to be identified as the process is private.

Credit Suisse launches Guerrilla 2012 algorithm in Asia Pacific

This development is further evidence of Credit Suisse’s global leadership in electronic trading.

Australians at risk of underinvestment in Asia

Australian Unity Investments is the funds management arm of Australian Unity – a national healthcare, financial services and retirement living organisation providing services to some 620,000 Australians, including 320,000 members nationwide.

Standard Life plans to quadruple operations in Asia and emerging markets

The five-year plan is to be spearheaded by Nathan Parnaby, who took on the newly-created role of chief executive of Asia in a recent shake up of senior personnel at the Edinburgh-based firm by chief executive David Nish.

HKMA: HK Exchange Fund Total Assets HK$2.608 Tln End-July

The rise in foreign currency assets was mainly due to an increase in unsettled purchases of securities and valuation gains on foreign currency investments.

ABN inks deal with Korea Trade Insurance Corporation

Both parties will also share non-confidential information and provide financial consulting on shipping and offshore finance, as well as to embark on human resources collaboration such as staff exchange.

Citi Awarded Fund Administration Mandate by China Asset Management

This mandate marks the continued expansion of Citi’s Renminbi (RMB) transaction services.

Man launches bond hedge fund with Nomura

“In an environment where market participant risk-taking in interest rates has been considerably reduced since 2008, this creates attractive alpha opportunities."

ABN paves the way for Asian-focused Tier 2

Banks have been focusing on Tier 2 bank debt in recent months due to the ongoing uncertainty surrounding Additional Tier 1.

ICBC Profit Rises 13%

ICBC Chairman Jiang Jianqing said the bank will reduce outstanding loans to property developers while encouraging personal mortgage loans.

Bangkok Bank forms collaboration with four Myanmar private banks

Funds transfers can be easily sent from Thailand to Myanmar.

Ethical investing leads to more loyal advice clients

Knowles suggested that clients were also less likely to leave an ethical investment adviser during a financial crisis.

ABN AMRO Tests Dim Sum Bond Market

The order book for the senior unsecured issue, which was deemed as a "toe in the water" bond issue, was placed entirely with Asian investors, with CNY800 million orders from 60 investors.

ICBC Opens Securities Services Centre in Hong Kong

Customers can trade local and foreign securities through dedicated relationship managers.

Principal Wins China Approval for $150 Million Investment

Principal is seeking investors for the fund, which will be domiciled in Dublin, Adam Lackey, a company spokesman, said yesterday by phone. Tony Chu, a Hong Kong-based portfolio manager, will help oversee the investments.

Li Ka Shing group eyes more S'pore CBD land

The venture, made up of Mr Li's Cheung Kong Holdings, Hongkong Land Holdings and Keppel Land, developed the Marina Bay Financial Centre for about S$4.5 billion, it said.

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