02/29/2012
From David to Goliath - Credit Suisse
Report Uncovers Distinct Strategies Leveraged by High-Growth Entrepreneurs
Alternative Investments
02/29/2012
Royal Bank of Scotland to shut Australia fixed income trading desk
Some of the affected FICC traders would be given a chance to relocate to RBS trading desks in Singapore and London.
02/29/2012
Hedge fund assets may hit $2.1 trillion in 2012: survey
The survey, which covered more than 600 institutional investors representing $1.04 trillion of hedge fund assets, found that investors expect their hedge fund portfolios to return 8.6 percent in 2012, down from 11 percent last year.
02/29/2012
Hang Seng Bank’s 2011 Profit Climbs 12%; CEO Leung to Retire
Net income rose to HK$16.7 billion ($2.15 billion), or HK$8.72 a share, from HK$14.9 billion, or HK$7.80, a year earlier, the bank said in a filing to the Hong Kong stock exchange today. That beat the HK$16 billion average estimate of six analysts survey
02/28/2012
Grosvenor plans to raise $492m to invest in Japanese real estate
The new fund will finance about half of the assets with loans, a ratio that will allow it to buy as much as 100 billion yen of properties, he said.
02/28/2012
UBS macro strategies team to start hedge fund as banks exit prop trading
The Sydney-based firm, MST Capital, is in talks with cornerstone investors, said Satur, who remains a UBS employee until next month.
02/27/2012
Japanese firm loses 3.1b in pension funds
The investment advisory firm, based in Chuo Ward, Tokyo, manages corporate pension funds of small and midsize firms.
02/26/2012
Firms get approval to sell mutual funds
The companies, Noah Private Wealth Management, Shenzhen Zhonglu Wealth Ltd, Howbuy Wealth Management Center and East Money Information Co Ltd, said on Thursday that they have received licenses from the China Securities Regulatory Commission to sell the sh
02/24/2012
Deutsche Bank Publishes Tenth Annual Alternative Investment Survey
Deutsche Bank today announced the results of its tenth annual Alternative Investment Survey, which was conducted in December 2011 by the Bank's Global Prime Finance business.
02/23/2012
Is China broadening its interest into white wine?
Figures from Vinexpo and seen by The Drinks Business, show that by 2015 white wine consumption in China could grow by a further 70 per cent.
02/23/2012
Harvest, BNP Paribas launch fund investing in Mongolia
The fund went live in late 2011 and has since been investing in Mongolia. In so doing, Harvest became both the first Chinese and the first cross-border asset manager to take direct investment exposure in the country.
02/22/2012
Eaton Vance expands fund management operations in Singapore
The $184.5bn Eaton Vance and is one of the oldest investment management firms in the United States, unveiled its business plan in the region. A report by AsianInvestor.net claimed that the fund management firm wants to focus on marketing bank loans, U.S.
02/22/2012
Veteran Hong Kong hedge fund closes after 28% loss
A veteran Hong Kong hedge fund has joined the ranks of Asia's shuttered hedge funds.
02/21/2012
Bank of China moves closer to LME membership
The 130-year-old metals bourse said on Friday it had received a "good number" of first-round bids ahead of an LME board meeting on February 23.
02/21/2012
UBS facing real estate headache in Hong Kong
UBS has limited options, people involved in the real estate market said, and is set for some tough negotiations with its landlord, MTR, which runs Hong Kong’s subway and owns the main space UBS occupies.
02/21/2012
CIMB-Principal Asset Management Wins "Best Overall Fund Group Award"
He said CIMB-Principal would continue to develop products and expertise as a regional house and strengthen retail and business growth not just in the four core markets, but across Asean.
02/17/2012
Ex-Morgan Stanley Asia debt head seeks up to $1bn for fund
Asian hedge funds had net inflows of $6.6 billion last year, bringing total assets to $82.1 billion as the total number of funds increased 4 percent to 1,100, according to Chicago- based Hedge Fund Research Inc.
02/17/2012
Why are 8 firms bidding for loss-making Fidelity’s India assets?
What’s surprising is how many firms are scrambling to grab what’s up for sale.
02/16/2012
Korea’s Truston to launch Asia long/short fund
Hwang Sung-taek, co-founder and CIO at Truston in Seoul, says this is the second hedge fund to be run by the firm.
02/15/2012
Abu Dhabi fund eyes sale of $1.3 bln Malaysia bank stake - sources
The fund had engaged in early talks with Japan's Sumitomo Mitsui Banking Corp (SMBC), they said.