Managers of Wealth Asia Pacific

IMQ and SFM team up to seed Asian managers

With a focus on China and Japan, the two companies have agreed to form a mutual business development advisory.

HK approves first set of RQFII funds

The SFC approved the four RQFII funds from CSOP Asset Management, Da Cheng International Asset Management, China Universal Asset Management (Hong Kong) and Guotai Junan Assets (Asia) on December 30, marking the first set of such funds to be approved for s

Former FrontPoint Manager Starting New Fund

A former FrontPoint portfolio manager is planning to launch a Singapore-based hedge fund with about $50 million.

Asia hedge fund industry at risk of downsizing

Poor performance and an uphill battle raising assets saw 123 funds shut in the first 10 months of last year according to Singapore-based data provider Eurekahedge Pte.

Asia Hedge Funds Face a Year of Attrition After Most Closures Since 2008

Asia’s hedge funds are dwindling as most managers haven’t made money as a business or for investors, said Peter Douglas, principal of Singapore-based GFIA Pte.

M&G Investments appoints deputy fund manager on two funds

Both funds, worth £548 million and £419 million respectively, will continue to be co-managed by Michael Godfrey and Matthew Vaight.

ANZ set sights on EU banks' Asian assets

IN the countdown to the close of 2011, with European banks caught in an ugly pincer movement, ANZ Banking Group chief executive Mike Smith began knocking on some doors.

Chinese Billionaire Seeks Denmark, Finland Investments

The developer is planning to spend “tens of millions” of U.S. dollars for so-called holiday villages in the two countries, he said in Shanghai.

Men Take Lead In Financial Decisions, Reveals HSBC Report

HSBC’s The Future of Retirement programme is a leading independent study into global retirement trends. It provides authoritative insights into the key issues associated with ageing populations and increasing life expectancy around the world.

Asia’s hedge fund industry becoming more mature, says SAIL

Industry research this month suggests that Asian investors, in particular, are starting to favour Asian hedge fund managers as the eurozone’s problems show no clear sign of abating and the US economy trundles along lethargically.

Hedge-Fund Millionaire to launch innovative new fund

Stephen Diggle, who co-founded a hedge fund that made $2.7 billion in 2007 and 2008, plans to open his personal farmland portfolio to investors and start a fund that will trade life-sciences companies.

Nomura to invest in Shanghai private-equity fund

Nomura is the first Japanese financial institution to qualify for the program.

Indonesian Bond Sales Look Poised for Big Year in 2012

Bullish economic growth forecasts and a recent upgrade of Indonesia’s long-term sovereign debt rating to investment grade will provide a solid base for companies to raise funds through bond sales next year, analysts say.

RBS Registers to Sell up to 500 Billion Yen of Uridashi Bonds

Uridashi bonds are debt issued outside Japan for sale to Japanese individual investors.

SinoPac Financial unit to open joint fund management firm in China

According to SinoPac SITC, the joint venture will specialize in the establishment of new mutual funds, sales of mutual funds and asset management.

Nikko partners with investment firm for joint venture in India

Building an investment business in India has been a long-standing pillar of Nikko AM's strategic plan to position itself as a leading Asian asset management firm.

Aberdeen takes over inv mgmt responsibilities for India-based firm

The India Fund is a closed-end investment company with current total assets of $951.5 million (as of November 30, 2011) and its investment objective is long-term capital appreciation by investing primarily in Indian equity securities.

S’pore loses lustre, investors considering other options like Hong Kong

The heavier stamp duties announced last week may have already dented Singapore's standing as a major property investment destination while giving rivals such as Hong Kong a boost, said analysts.

German firm readies Asia-focused hedge fund

Aquila, which manages about 3 billion euros ($4.02 billion), opened its first Asian office in Singapore in October.

Major US firm expands ETF offering in Singapore

It now has six ETFs listed in Singapore.

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