Managers of Wealth Asia Pacific

ING's Asia Sale Draws Interest

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.

Dow Jones Credit Suisse Hedge Fund Index up 1.61% in February

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;

BNY Mellon Named Best Asian Hedge Fund Administrator

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.

Asset management fees need to come down

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

ING said to start sale of Asian insurance and investment- management business

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.

Noble said to hire 16 banks for $1.5bn of loans

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.

Athos Capital to launch Asia-focused event-driven hedge fund

Typically, in M&As, managers take a long position in the target company and a short position in the acquiring company.

ING Puts $775 Million Thailand Bank Stake on Block

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.

Li Ka-shing Controlled Fund Manager Mulls Singapore IPO

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

Jewelers in India Extend Strike Seeking Withdrawal of Taxes

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.

Liontrust roars in to Asia

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.

Axiom closes third Asia fund

About half the firm’s investments are made in Greater China with India following as the next biggest market for Axiom, writes Reuters.

The Dow Jones Credit Suisse Hedge Fund Index Finished Up 1.61% in February

Performance for the Broad Index and its 10 sub-strategies is calculated monthly.

SGX launches new hubs in Chicago and London

The hubs are the first by an Asian exchange and will provide customers with convenient and cost-effective local connections to SGX markets.

Ex-Lone Pine Krishnan gets SFC licence for HK hedge fund

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.

Man Group Sees Hedge Fund Demand From Asia-Pacific Investors

Man Group is seeing demand for hedge funds from sovereign and institutional investors in the Asia-Pacific region, said Chief Executive Officer Peter Clarke.

Ex-Highbridge Asia Head Said to Raise $900 Million for Fund

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.

Infrastructure funds are set to play a vital role in Asia

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.

Singapore Seeks To Be Asian Bullion Hub With Tax Free Gold and Silver

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.

Fortress Named "Asia Firm of the Year" in 2011

Fortress Investment Group has been named "Asia Firm of the Year" in the 2011 PERE (Private Equity Real Estate) Global Awards.

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