Managers of Wealth Asia Pacific

Nomura Holdings Veteran prepares $250 Million Asian Hedge Fund Launch

Asian Investment firms have faced increased scrutiny following multiple large scale investigations.

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

Luxury Brands Still Flock To China

The latest example of this is Swiss luxury watch brand, Hublot, which opened its second boutique in Shanghai Tuesday.

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.

Citic to Acquire Credit Agricole’s CLSA Unit for $1.25 Billion

Chairman Wang Dongming entered exclusive talks with Credit Agricole in March over the French bank’s remaining CLSA stake to add overseas research, brokerage and investment banking to Citic Securities’s operations.

SGX denies it was in London Stock Exchange merger talks

The report comes amid a number of merger proposals by global exchanges as they seek growth opportunities amid a slowdown in listings and lower trading volumes.

AMP Capital wins global REIT mandate from China’s social security fund

China is a key strategic market for AMP and AMP Capital, having established the group’s representative office in Beijing in 1997.

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).

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.

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.

HSBC Global Asset Management to launch offshore India bond fund

The open-ended fund will allow foreign investors to invest in Indian fixed income.

LSE in merger talks with Singapore exchange

The London Stock Exchange Group is in talks with the owner of the Singapore exchange about a potential £7.2bn merger.

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.

HSBC puts Vietnam insurance business up for sale: sources

The stake has a market value of $250 million, but HSBC is expecting a hefty premium due to Baoviet's market position and the potential to raise the ownership level at a later stage, one of the sources added.

Manulife Indonesia and Danamon Launch Innovative Insurance and Wealth Management Products

The initiative will be aimed at enhancing insurance and wealth management offerings to a broader range of customers nationwide and is a follow up of the partnership agreement between Manulife Indonesia and Danamon in October 2011.

Hong Kong fund managers suffer 10% fall in AUM but SFC upbeat on renminbi

The Securities and Futures Commission’s annual Fund Management Activities Survey, 2011, found the combined fund management business of Hong Kong recorded a year-on-year decline of 10.4%, bringing the total AUM down from HK$10trn (£810bn, US$1.

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.

Hermes BPK Partners acquires Caliburn Greater China Fund

The fund will be integrated into Hermes BPK’s suite of hedge fund solutions and will be renamed the Hermes BPK Greater China Fund.

GLG forms Asian equity team under ex-GIC, LionRock execs

The Hong Kong-based team includes four sector specialists and will manage a fundamental long/short equity portfolio, GLG said in a statement on Monday, taking a bet on the biggest but shrinking hedge fund category in the region.

Hermes alternatives boutique expands Asian reach

As part of the deal, Hermes will also take over management of Caliburn Capital's thematic multi-manager hedge fund Caliburn Greater China which currently has $100 million in assets.

Alternative Investments