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.
02/15/2012
Cargill hires banks in Asia for $1bn credit facility
Proceeds will be used to refinance a $1.25 billion facility which matures in March, the person said.
02/14/2012
AxisRemit Online is the bank's online money transfer service, which enables NRIs in USA, UK, Singapore, Australia, Euro Zone, UAE, Canada and Hong Kong to send money to any bank account in the country.
02/14/2012
Investment banks are competing hard for a role in the deal and a cut of an estimated $60 million in combined deal fees, according to consultancy Freeman & Co.
02/08/2012
The $800 million-fueled private equity fund, the Harvest Seven Stars Media Fund, aims to invest in studio projects with an eye to bringing them to the wider Asian market and mainland China.
02/08/2012
THIS Friday will mark the launch of the first global black pepper futures contract by Singapore Mercantile Exchange (SMX).
02/06/2012
Fidelity, One of the world's largest mutual funds, wants to sell off its business in India and get out of the country.
02/03/2012
Mr. Keitel believes that equity markets are further trending in positive direction due to improved global macroeconomic conditions, stabilizing policy measures taken in Europe, and the European Central Bank’s strong liquidity support for Eurozone ba