Managers of Wealth Asia Pacific

Ex-Lehman trader to shut $120 mln Asia hedge fund

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.

Charlie Chan's Splendid Hedge Fund Living Up To Name

Spendid debuted last July. Its assets have increased by 50% since its launch, and the fund is now up 14% since inception.

Asia's $90 mln hedge fund Novatera returns capital

The long-biased fund managed peak assets of about $130 million, Lewis, a former JPMorgan executive, told Reuters.

Australian hedge fund managers setting up shop in Asia to target offshore investments

"Local managers have a choice of targeting retail, high net-worth or local or offshore institutional investors."

Ex-Goldman Trader Run-Symphony Seeks Money For Hedge Funds

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.

India’s Super Rich Help Fuel Art Market

The art market, in other words, is a proxy for the fate of the superrich themselves.

DIFC ties up with Australia Gulf Council

The agreement aims to promote and facilitate trade, investment and other opportunities between Dubai and Australia, said a DIFC statement.

Segantii wins industry accolade

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.

Fortress Launches Asia Volatility-Based Fund

Yet, Fortress Investment Group LLC (FIG) is launching a new fund that seeks to thrive on market volatilities in the relative calm of Asia.

ICBC Named Best Sub-Custodian Bank in China

The Global Finance (US) selected the winners from the custodian banks that reliably provide the best custody services in local markets and regions.

Global investment manager launches global emerging markets OEIC

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.

Bank of Ceylon Appoints Citi as Trustee and Agent on USD 500 Million Global Bond

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.

National Australia Bank To Close Private Equity Business

National Australia Bank is winding down its private equity arm, marking the death knell for Australia's big four banks' foray into the sector.

Brummer-Backed Asia Hedge Fund Closes

Orvent Asset Management has closed its doors after Burmmer & Partners redeemed its investment in April, Reuters reports.

BNP Paribas Targets Asia As Europe Rivals Pull Back

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.

Taiwan FSC builds towards Basel III

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.

BNP Paribas - Hong Kong leads development of Asian hedge fund industry

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.

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