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.
03/15/2012
Infrastructure funds are set to play an increasingly important role in the asset management landscape in Asia, says Monetary Authority of Singapore (MAS) managing director Ravi Menon.
03/15/2012
Another sign of Asia’s increasing importance in the global gold market is news that Singapore is planning to boost its share of global gold trade sevenfold after scrapping taxes on gold, silver and platinum bullion.
03/14/2012
Fortress Investment Group has been named "Asia Firm of the Year" in the 2011 PERE (Private Equity Real Estate) Global Awards.
03/14/2012
The launch of the Pilot Platform will strengthen the cross-border issuance of, and foreign investment in, local bonds in Hong Kong and Malaysia.
03/14/2012
Sovereign wealth funds (SWFs) and cash-positive pension funds from Asia and the Middle East are an emerging force behind the high level of global capital currently flowing into the Central London commercial real estate market, according to the latest rese
03/14/2012
BNP Paribas Securities Services has two more industry awards to add to an impressive list of accolades received over the past few months.
03/13/2012
Northern Trust announced today it has received two awards for excellence in servicing institutional clients in the Asia-Pacific region.