03/07/2012
Lyxor Asset Management launches Lyxor Selection China A Fund
All of its assets invested in A-shares markets are held under safe custody by the QFII sub-custodian, China Construction Bank Corporation.
03/07/2012
All of its assets invested in A-shares markets are held under safe custody by the QFII sub-custodian, China Construction Bank Corporation.
03/07/2012
The deal, the latest in a series of cost cutting initiatives under new HSBC CEO Stuart Gulliver, includes 10-year bancassurance agreements with AXA and QBE.
03/06/2012
A Northern Trust survey of 121 institutions, predominantly pension funds, in Europe, Asia and North America, forms the basis of the white paper entitled, Customized Beta: Changing Perspectives on Passive Investing.
03/06/2012
AIG is looking to place some 1.7 billion AIA shares in a range of HK$27.15-27.50 per share - a discount of up to 7 percent to Friday's AIA closing price, according to a term sheet seen by Reuters on Monday.
03/06/2012
Entitled The 40 Highest-Earning Hedge Fund Managers, Forbes reveals that Joe Zhou of Hong Kong’s Ortus Capital Management and Danny Yong (pictured) of Singapore’s Dymon Asia Capital shared 37th place, with Bridgewater’s Ray Dalio, RenTec
03/06/2012
The co-founders have longstanding experience of selecting private equity fund managers.
03/02/2012
J.C. Flowers said to mull offers for ING, RBS divisions
It may also bid for Royal Bank of Scotland Group Plc (RBS)’s Direct Line Group insurance business when it’s for sale, they said.
03/02/2012
Henderson, Tantallon shut Asian hedge funds
Asian hedge funds suffered net outflows in the last four months of 2011, according to Eurekahedge. The fund tracker estimates nearly seven in 10 Asia funds have fallen below their "high water mark" -- the peak net asset values above which they c
03/02/2012
The Asset Triple A Transaction Banking Awards 201
The field for transaction services in Asia gets bigger and better every year. With the global financial crisis still remaining largely unresolved in large parts of the Western world, all eyes are on the region.
03/01/2012
Northstone Peak forms new Asia fund platform
Originally expected to launch its first fund last year, Hong Kong-based Northstone Peak is instead believed to have spent the year working on its partnership with Beijing-headquartered firm.
03/01/2012
Georgia securities firm sells equity interest to Sturgeon Holdings
Sturgeon’s wholly-owned London-based subsidiary Sturgeon Capital is the investment manager of Sturgeon Central Asia Fund, a multi-strategy hedge fund focused on this fast growing region.
03/01/2012
Australian custodians and Fund Managers Face Data Management Challenges
“Data management is a huge issue for these organisations,” - Julian Webb, global head of data management and analytics at DST Global Solutions.
03/01/2012
HSBC near sale of its insurance arm to rivals for £1bn
HSBC is about to complete a £1bn deal to sell its general insurance arm to rivals AXA and QBE, according to reports.
02/29/2012
From David to Goliath - Credit Suisse
Report Uncovers Distinct Strategies Leveraged by High-Growth Entrepreneurs
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.