RETAIL FUNDS

India’s Reliance Capital targets sharia market

India's largest asset management company is set to launch two Islamic funds in Malaysia by July and roll out products for retail investors in two years. Read ››

SBI strikes deal with Jefferies Group for investment funds

The Japanese financial services firm SBI Holdings will create two funds with Jefferies Group for stocks in Asia and the US. Read ››

Keppel and Al Rajhi JV achieves initial closing

Obtained amount of $100mln to be used for Securus Fund, world's first Shariah-compliant data centre fund. Read ››

OCBC sells equity fund sans upfront charges

Some analysts see the unprecedented move will be followed by other players. Read ››

OSK-UOB introduces $31mln fund

OSK-UOB Flexible China Solutions provides opportunities to tap the Chinese market for a minimum of $3,115 investment. Read ››

HSBC launches investment solution for unit trusts

FundMax enables unlimited transactions and switching between funds for a single monthly fee. Read ››

StanChart taps Templeton Emerging Markets Fund

Lenders holding StanChart's IDR started sourcing anchor investors from foreign investors, local banks and mutual funds. Read ››

DBS to invest $150mln in a Myo Capital fund

Lender eyes minority stake on fund to benefit from distressed debt, bonds, leveraged debt in Asia-Pacific. Read ››

SBI hires 18,000 to mutual fund sales force

Move can make lender India’s biggest mutual fund marketing machine. Read ››

Union Bank partners with Belgian KBC Asset Management

Parties will invest $67mln for new mutual fund business targeted to launch in Q4 2010. Read ››

Metrobank entrusted to manage BSP Provident Fund

Lender's fund management excellence earned accreditation from the Philippines' central bank. Read ››