Managers of Wealth Asia Pacific

Irish funds industry expands presence in Asia

The office in Hong Kong was formally announced at Fund Forum Asia by Pat Lardner who has just taken up the position of chief executive of the IFIA.

Bank of China Becomes Member of the London Metal Exchange

The bourse is considering takeover bids for the 135-year-old exchange after trading volume climbed to a record last year.

Hedge-Fund Managers Can Pass Up a Look Down Under

How Governor Glenn Stevens responds will offer important clues about the state of central- bank independence.

Rabobank sells India's Yes Bank stake for $87 million

Rabobank, which initially owned nearly 16 percent of Yes Bank, sold about an 11 percent stake for about $213 million in June 2010.

Singapore ‘Shoebox’ condo sales may prompt extra taxes

Prices rose 1.2 percent for the mass market in the same period, preliminary estimates from the authority showed earlier this month.

Macquarie hedge fund exits short bets in India on tax fears

Foreign investors have raised concerns on two recent Indian provisions to tax indirect investments and combat tax evasion.

BNP Paribas Adds HongKong to Cross-Border Distribution Network

The move simplifies and optimises global fund managers’ access to Hong Kong by making it easier for them to register funds for distribution and interact with their local institutional investor clients more efficiently.

TPG poised to raise $1.5bn for Asian fund

The largest investor is likely to be Government of Singapore Investment Corp, which also has a stake in the TPG management company.

BNP Paribas Investment Partners shuts FI

BNP Paribas Investment Partners will close its fixed income asset management business after two years in operation.

Matthews Asia's UCITS Funds Now Available on Allfunds Bank

Through this relationship Matthews' Asia Dividend, Pacific Tiger (Asia ex-Japan), China, India and China Small Companies Funds are now accessible to Allfunds Bank's large network of clients.

Macquarie, Nikko eye ING's Asia asset management business

The sale is part of ING's plans to divest some of its Asian operations to repay the Dutch government's 2008 bail-out funds.

SMC sells 60% of Bank of Commerce

The final agreement was targeted for signing within the next few days, the source added.

The Dow Jones Credit Suisse Hedge Fund Index Finished Up 0.05% in March

There have not been any funds added to the Dow Jones Credit Suisse Hedge Fund Index in March

IAG continues Asian push with $480m buy

After flagging the move in December, IAG says its Malaysian joint-venture business, AmG Insurance, has entered into a conditional agreement to acquire Kurnia.

ING starts sell off race for Asian assets

Bankers for ING sent financial details of the Dutch group’s $6bn Asian insurance businesses to a string of bidders late on Friday firing the starting gun on what will be a keenly fought contest for the units.

MIG Bank expands into Asia

MIG Bank is a leading Swiss bank providing online trading services for private and institutional clients

Barclays’ funds arm to offer execution services in Asia

Barclays’ Funds and Advisory business will this week roll out its Portfolio Solutions service in Asia, having already achieved substantial take-up in Europe and the US.

Singapore's SMX to launch new gold, silver futures

SMX, owned by India's Financial Technologies, is hoping to capitalise on the brisk trading interest in gold and silver futures contracts traded in India, the world's biggest gold consumer, and give potential players the opportunity to hedge via

Goldman-linked $13 billion hedge fund Capula expands to Hong Kong

While thousands of hedge funds across the globe manage nearly $2 trillion in assets, relatively few have so far established a large presence in Asia, despite the region's rapid economic growth in the last five years.

SIG adds Asia mandate to £1bn Global Dynamic Equity fund

Dalrymple will focus on investing in companies with the potential to benefit from growing consumer consumption in Asia.

Alternative Investments