03/29/2012
It will be the first bank from China, the world's largest consumer of industrial raw materials, to become a member of the exchange that is the world's biggest marketplace for metals including copper, aluminium and nickel.
03/29/2012
The mutual-fund arm of Thanachart Bank Plc said the Thanachart Gold Exchange Traded Fund (TGOLDETF) will be the fifth gold ETF to be listed on the Stock Exchange of Thailand (SET).
03/28/2012
Among the bidders, Pramerica Mutual is learnt to have valued Fidelity Mutual Fund's assets at about Rs600 crore, which works out to 6.9% of Fidelity's Rs8,700 crore asset base. HDFC Mutual and Reliance Mutual Fund have placed bids in the range
03/27/2012
Sun Life Financial Inc., Canada's third-largest life insurer by assets, has already said it may bid but declined to say whether it had hired an adviser.
03/27/2012
Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished February up 1.61%; with 9 out of 10 strategies in positive territory;
03/26/2012
BNY Mellon's Alternative Investment Services (AIS) division received top industry recognition in the 2012 Hedgeweek Awards last week in London, winning the Best Asian Hedge Fund Administrator Award.
03/26/2012
The fees charged by active asset managers are exorbitant and need to come down,says Joseph Cherian, Director at CAMRI, National University of Singapore. Cherian, who was in Mumbai last week to attend a conference on Future of Financial Markets organised b
03/23/2012
ING in early January put the Asia business on the block after it scrapped plans to float it along with its European insurance operations. The tough European market climate made a combined initial public offering inviable.
03/23/2012
The loan will be split into a $600 million, 364-day facility and a $900 million, three-year facility, the person said, asking not to be identified because the details are private.
03/23/2012
Typically, in M&As, managers take a long position in the target company and a short position in the acquiring company.
03/23/2012
The planned sale could spark a takeover battle for TMB as the potential buyer of ING's stake will be required to make a mandatory offer for the rest of the company under Thai laws.
03/20/2012
ARA, which manages real-estate trusts with properties in China, Singapore, and Hong Kong, is looking into a yuan-denominated real-estate investment trust listing of assets in its Dragon Fund II, which has a portfolio of real-estate assets across Asia, the
03/20/2012
Gold jewelers in India, the world’s biggest bullion buyer, will extend the first nationwide strike in seven years for two more days to demand withdrawal of some levies, a trade group said.
03/19/2012
The firm gained a presence in Asian markets last October when it acquired the fund management business of Occam Asset Management, but this is its first fund launch for former Occam head of Asia equities Mark Williams.
03/19/2012
About half the firm’s investments are made in Greater China with India following as the next biggest market for Axiom, writes Reuters.
03/16/2012
Performance for the Broad Index and its 10 sub-strategies is calculated monthly.
03/16/2012
The hubs are the first by an Asian exchange and will provide customers with convenient and cost-effective local connections to SGX markets.
03/16/2012
Krishnan, who is setting up Tybourne Capital Management (HK) Ltd, has hired former Hong Kong-based Elements Advisors Ltd chief operating officer Heide Blunt, the records showed.
03/16/2012
Man Group is seeing demand for hedge funds from sovereign and institutional investors in the Asia-Pacific region, said Chief Executive Officer Peter Clarke.
03/15/2012
Huttenlocher and a family office from outside Asia, which he declined to identify, planned to invest in the fund at its start and have their capital locked up for as long as four years, he said then.