Managers of Wealth Asia Pacific

CIMB Group, Maybank head list of top 10 companies

The poll was to find Southeast Asia’s top companies and the others listed were Public Bank, Telekom Malaysia, Maxis, IOI Group, Tenaga Nasional, YTL Corp, AirAsia and Petronas Chemicals.

Hong Kong offers friendly environment for hedge funds

Hong Kong offers a friendly environment from a regulatory and tax perspective, Asia-focused hedge fund managers who participated in the latest Opalesque Hong Kong Roundtable, sponsored by Eurex and SunGard said.

HSBC Among First to Trade Currency Swap Without Principal Exchange in China

The swap makes the Chinese arm of HSBC Holdings PLC among the first banks to start trading the new derivative, it said in a press release.

Shinsei Bank takes over Lloyds Banking Group’s retail banking services in Japan

Shinsei Bank to Take Over Ownership of a Majority of Lloyds Banking Group’s Retail Banking Services in Japan

Northern Trust Launches Pooled Index Fund to Invest in Asian Equities

Northern Trust has launched The Northern Trust All Country Asia ex-Japan Equity Index Fund for institutional investors seeking diversified exposure to companies in Asia's developed and emerging markets, excluding Japan, and including India.

Ex-Lehman trader quits as Asia hedge funds falter

The latest to quit is former Lehman Brothers trader Allan Bedwick, who is shutting his $120 million Asia-based fund after giving it a two-and-half-year run, fund documents obtained by Reuters showed.

Tobam launches Pacific ex-Japan fund with 7IM backing

Paris-based asset manager Tobam has launched the Tobam Anti-Benchmark Pacific ex-Japan Equity fund with backing from Seven Investment Management.

Deloitte announces significant investment in strategic markets

The investment program aims to expand client service and industry capabilities in select strategic markets, bolster the hiring and deployment of top talent, and cultivate innovative new services and multidisciplinary offerings.

Fortress Asia Macro Fund Named "Best New Asia Fund"

The Fortress Asia Macro Fund was launched in March 2011, and is managed by a Singapore-based team headed by chief investment officer Adam Levinson.

Craigs Investments doubles profit to $5.3m in 'difficult' market

Craigs Investment Partners more than doubled its profit last year as the brokerage half owned by Deutsche Bank benefited from KiwiSaver inflows and reaped fees from equity and debt capital raisings.

China joins the UAE Exchange Global Network

China is the one of the most active markets in foreign exchange realm and it is apt for the leading player in the business to start its retail operations here. With this move, the world’s most populous country became the latest and a major link in t

Russia-China fund to form, eyes forestry deal

A multibillion-dollar investment fund set up by Russia and China is expected to make its first investment, into a Russian forestry company, as economic ties between the neighboring countries grow closer.

Geojit BNP, SBI tie-up targets NRI kitties

Retail stock broking firm Geojit BNP Paribas Financial Services Ltd and State Bank of India have inked an agreement to extend Portfolio Investment Services to Non-Resident Indian customers, mainly from the Gulf region.

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.

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