06/05/2012
Retail stock broking firm Geojit BNP Paribas Financial Services Ltd and State Bank of India have inked an agreement to extend Portfolio Investment Services to Non-Resident Indian customers, mainly from the Gulf region.
06/04/2012
His Sequence Fundamental Macro Fund is currently returning capital to investors and will shut by the end of June, according to a letter to investors seen by Reuters.
06/01/2012
Spendid debuted last July. Its assets have increased by 50% since its launch, and the fund is now up 14% since inception.
05/31/2012
The long-biased fund managed peak assets of about $130 million, Lewis, a former JPMorgan executive, told Reuters.
05/31/2012
"Local managers have a choice of targeting retail, high net-worth or local or offshore institutional investors."
05/31/2012
Symphony is also opening up the $21 million Sinfonietta fund, an Asia-focused macro fund, and looking to raise $400 million to $500 million from outside investors for it, he said.
05/31/2012
The art market, in other words, is a proxy for the fate of the superrich themselves.
05/30/2012
The agreement aims to promote and facilitate trade, investment and other opportunities between Dubai and Australia, said a DIFC statement.
05/30/2012
With 320 hedge fund players in attendance, Eurekahedge gave credit to the top achievers of 2011 and 1Q 2012 and were pleased to welcome many new faces among this year’s event.
05/30/2012
Yet, Fortress Investment Group LLC (FIG) is launching a new fund that seeks to thrive on market volatilities in the relative calm of Asia.
05/30/2012
The Global Finance (US) selected the winners from the custodian banks that reliably provide the best custody services in local markets and regions.
05/30/2012
Drawing upon Standard Life Investments’ established stock-picking expertise, the Fund will be managed by Alistair Way1 and will consist of a diversified portfolio of 60 – 100 stocks with stock, sector, country and tracking error limits.
05/29/2012
Citi’s Agency and Trust business, part of the Citi Transaction Services division, has been appointed as Trustee, Principal Paying Agent, Registrar and Transfer Agent for the Bank of Ceylon’s USD 500 million global bond.
05/28/2012
National Australia Bank is winding down its private equity arm, marking the death knell for Australia's big four banks' foray into the sector.
05/25/2012
Orvent Asset Management has closed its doors after Burmmer & Partners redeemed its investment in April, Reuters reports.
05/25/2012
France's largest bank is taking tentative steps toward boosting its reach in Asia at a time when the sovereign debt crisis closer to home is prompting rival European lenders to cut back exposure to the region.
05/24/2012
Local Taiwanese banks are well capitalised and in a strong position to meet the Basel III capital requirements, says Financial Supervisory Commission (FSC) vice chairperson Jih-Chu Lee.
05/24/2012
Ricard told AsianInvestor.net that the fund industry in Asia is experiencing a dramatic change that is expected to see Asian fund managers expand their capabilities to transcend regional boundaries, incentivize regulators and sign bilateral agreements.
05/23/2012
OCBC NISP president director Parwati Surjaudaja said on Tuesday that the financing firm would most likely be either a bank or an automotive financing firm that lends for heavyweight equipment, cars and motorcycles.
05/23/2012
The transaction was an unlikely harbinger of a shift in the global financial system, and the prediction about the importance of the Chinese currency in trade proved prescient.