Managers of Wealth Asia Pacific

Ex-Millennium Traders to Start Asian Equity Hedge Funds

Both funds aim to raise about $150 million each in about a year, after which they will stop taking money from clients until they enhance the trading models, Ochi said.

Veteran funds manager slams the short view

The former Portfolio Partners manager, who now manages money in Melbourne for a mix of family offices and industry funds with Industry Funds Management, says long-term equity returns for investors are being undermined by a short-term focus that appears to

CIMB, Kotak Mahindra groups may revisit 'working alliance'

The tie-up also planned to tap merger and acquisition (M&A) opportunities involving companies in India, Malaysia and Indonesia.

Singaporeans warming to ethical investing gradually

Things may begin to change, however, with Singaporeans increasingly catching on to issues of social responsibility.

OCBC to launch 6th credit-linked structured product next month

OCBC Bank (Malaysia) Bhd plans to roll out a new credit-linked structured investment (CLSI) product next month in addition to the five existing ones, due to its increasing popularity as an alternative investment option for the current times.

Australia and New Zealand could adopt single currency

Australia and New Zealand will consider adopting a single currency under a proposal jointly floated by the countries' productivity bodies.

Hedge Funds Go on Attack In India

After years of complaining about poor treatment as minority investors in India's publicly traded companies, some Western hedge funds are turning to activist tactics that have not often been tried here.

Former Tiger China Staff Said to Plan Hong Kong Hedge Fund

The Hong Kong Securities and Futures Commission approved a license for his Hong Kong-based company Karst Peak Capital Ltd., according to information posted on the regulator's website.

DBS to start talks for AFG stake

Vertical Theme, together with Langkah Bahagia Sdn Bhd, own 29.06% of AFG. Should the proposed acquisition go through, DBS would effectively take over Duxton's 14.2% stake in AFG via Vertical Theme.

Asian bond market transaction flows

Euroclear is working closely with the ASEAN+3 and markets and the ADB to improve post-trade services in Asia in order to increase the appeal of Asian debt securities to investors worldwide.

Report Says Singapore HF Tops in Asia

Yong’s Singapore-based firm Dymon Asia Capital outperformed all of the region’s hedge fund managers last year with more than 20% in returns after fees, according to a Bloomberg report.

SGX overhauls business structure

The bourse said it will reorganise into five key business units - derivatives, listings, market data and access, post-trade and securities - from May 1.

Bank of China unit applies to London Metal Exchange

It will be the first bank from China, the world's largest consumer of industrial raw materials, to become a member of the exchange that is the world's biggest marketplace for metals including copper, aluminium and nickel.

Thanachart launches fifth SET gold ETF

The mutual-fund arm of Thanachart Bank Plc said the Thanachart Gold Exchange Traded Fund (TGOLDETF) will be the fifth gold ETF to be listed on the Stock Exchange of Thailand (SET).

Fidelity investment shortlists five potential buyers for India MF assets Close

Among the bidders, Pramerica Mutual is learnt to have valued Fidelity Mutual Fund's assets at about Rs600 crore, which works out to 6.9% of Fidelity's Rs8,700 crore asset base. HDFC Mutual and Reliance Mutual Fund have placed bids in the range

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.

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