16 May 12 | Stronger sales will push its shareholders’ funds from RM1.1 billion at the start of 2012 to RM1.5 billion to date, says PhillipCapital Malaysia. Read ››

PRIVATE EQUITY | Private equity players are turning to smaller cities and towns across India for stellar investment opportunities. Read ››

Armstrong Asset Management is set to launch its first fund, the Armstrong South East Asia Clean Energy Fund. Read ››

Five foreign institutions were granted licenses by the China Securities Regulatory Commission in April. Read ››

Bank of India has completed the formalities for has acquiring 51 percent stake in Bharti Axa Mutual Fund. Read ››

Rumors that HSBC will sell stake or exit its asset management business in India were denied the the CEO of HSBC Mutual Fund, Puneet Chaddha. Read ››

Hektar Asset Management has obtained the Securities Commission's approval for its proposal to increase its fund size. Read ››

Capital International Private Equity Funds has concluded raising $3 billion. Read ››

Nuvest Capital will launch a global multi-asset fund with an emphasis on emerging markets by July with seed money from GIC. Read ››

Alternative Investments and Credits is planning to move court against the Reserve Bank of India after it has been stripped of its licence to carry out non-banking finance activities. Read ››

Syarikat Takaful Malaysia Bhd is eyeing to be the leader in the takaful market over the next three to five years through an aggressive rebranding campaign. Read ››