07/25/2012

ASX partners with SGX on futures

Australia's futures and options trading market is currently worth $50 trillion, said the Australian Securities Exchange.

07/24/2012

New York Life, Macquarie Are Said to Vie for Dexia Unit

“There’s a general tendency to move toward lower-capital, fee-based models so that might explain the appeal for strategic buyers,” said Matthias de Wit, a Brussels-based analyst at Petercam SA. “Still, it’s a tricky market to

07/24/2012

Sovereign Wealth Fund Suffers Investment Losses

The China Investment Corporation (CIC), the nation's sovereign wealth fund, said Wednesday its overseas portfolio yield for 2011 stood at negative 4.3 percent due to slow recovery of global economy and the European debt crisis.

07/19/2012

Hong Kong Develops Its Fund Management Business

The survey of fund management business covered the overall value of assets reported in the sub-sectors of asset management, fund advisory and private banking, as well as SFC-authorized real estate investment trusts (REITs).

07/19/2012

Singapore Exchange Aims to Take Asia

Singapore Exchange (SGX) announced Thursday its higher mainboard admission standards, aiming at ensuring its position as a competitive and relevant global exchange and attracting larger companies seeking to list here.

07/19/2012

New Asia hedge funds raise US$2bil in first half

New Asian hedge funds collected US$4.43bil in 2011, powered by major launches such as ex-Goldman Sachs Group Inc trader Morgan Sze's Azentus and former Asia head of Highbridge Capital Carl Huttenlocher's Myriad.

07/19/2012

China's Huarong Asset Mgmt to restructure in Q3-sources

Huarong is the second of the four asset management funds to be restructured after changes to Cinda Asset Management Co in 2010, allowing it expand to other businesses including brokerage and securities services.

07/17/2012

Mapletree to re-open Singapore hybrid market

Its move comes after a recovery in trading volumes in perpetual bonds in the last two weeks, coupled with the launch of a S$1bn Tier 1 hybrid from local lender OCBC Bank on July 5.