News
|
|
|
WEALTH MANAGEMENT |
18 Feb 12
Macquarie Group cut about 10 percent of its investment banking workforce in Asia last week. Read ››
|
|
|
|
RETAIL FUNDS |
17 Feb 12
Bank of India hopes to start its asset management business next fiscal and is currently waiting for regulatory approvals. Read ››
|
|
|
|
RETAIL FUNDS |
17 Feb 12
The year 2012 could see the return of interest in equity funds in India as markets respond positively to policy actions, says ICRA Online. Read ››
|
|
|
|
WEALTH MANAGEMENT |
15 Feb 12
On the rise this year has been the number of Asia bankers getting zero bonus. Read ››
|
|
|
|
RETAIL FUNDS |
13 Feb 12
AmIslamic Funds Management now offers an Islamic bond fund that provides capital appreciation over the short-to-medium term. Read ››
|
|
|
|
RETAIL STRUCTURED PRODUCTS |
12 Feb 12
Sukuk issuances accounted for US$26 billion out of US$39.2 billion approved for fund-raising activities by the Securities Commission in 2011. Read ››
|
|
|
|
STRUCTURED PRODUCTS |
12 Feb 12
ING Public Takaful Ehsan wants its market share in the takaful industry to jump from 2 percent to 10 percent in 2015. Read ››
|
|
|
|
RETAIL FUNDS |
12 Feb 12
Goldman Sachs purchased a 4.8 per cent stake in Mongolia’s Trade and Development Bank for less than $50 milion. Read ››
|
|
|
|
STRUCTURED PRODUCTS |
09 Feb 12
Deutsche Bank exited a four-year investment in Mumbai-based builders Lodha Developers, with a $183.09 million profit. Read ››
|
|
|
|
WEALTH MANAGEMENT |
08 Feb 12
Transformation efforts by Perwaja Holding kept OSK Investment Bank upbeat despite downgrade by Malaysian Rating Corp. Read ››
|
|
|
|
WEALTH MANAGEMENT |
03 Feb 12
Nomura incurred a group net loss of US$136 million in the April to December period partly due to a slump in business for corporate customers. Read ››
|
|
|
|
RETAIL FUNDS |
02 Feb 12
OSK Investment Bank Bhd entered into a strategic alliance ith SBI Holdings Inc, a Japanese Internet-based financial conglomerate. Read ››
|
|
|
|
RETAIL FUNDS |
01 Feb 12
CIMB-Principal paid out a total of US$14.4 million in distributions for 12 of its 54 trust funds. Read ››
|
|
|
|
STRUCTURED PRODUCTS |
31 Jan 12
Maybank has syndicated US$330.6 million 10-year facility for PT Bajradaya Sentranusa. Read ››
|
|
|
|
RETAIL STRUCTURED PRODUCTS |
26 Jan 12
Over $5billion of the recent issuance of covered bonds were denominated in Australian dollars, due to large transactions from Commonwealth Bank of Australia and Westpac. Read ››
|
|
|
|
STRUCTURED PRODUCTS |
25 Jan 12
Indonesia will issue $223.59 million of project-based sukuk in the first half. Read ››
|
|
|
|
RETAIL FUNDS |
24 Jan 12
Public money under management of Mutual Funds rose 15 per cent to Rs287 billion in July to December, 2011. Read ››
|
|
|
|
RETAIL FUNDS |
24 Jan 12
Equity funds are expected to gain 12 to 15 percent in 2012, versus an 0.8-percent loss last year. Read ››
|
|
|
|
RETAIL FUNDS |
23 Jan 12
Reliance Capital Asset Management Ltd is looking to generate more business from gold savings plans and its recently launched Reliance Any Time Money Card. Read ››
|
|
|
|
PRIVATE EQUITY |
23 Jan 12
Hong Kong is attracting venture capital investment, said John Tsang, Financial Secretary of Hong Kong. Read ››
|
|
|
|
WEALTH MANAGEMENT |
22 Jan 12
Jadwa Investment, linked with Malaysian governments investment arm Khazanah Nasional Berhad, has declared 15 % higher dividend of RM1.26 a share. Read ››
|
|
|
|
WEALTH MANAGEMENT |
22 Jan 12
AmInvestment is hoping to have RM30 billion in total assets under management by end of its financial year on March 31. Read ››
|
|
|
|
WEALTH MANAGEMENT |
21 Jan 12
South Korea is in a good position to boost exports to emerging and developed markets in 2012, according to Baring Asset Management. Read ››
|
|
|
|
PRIVATE EQUITY |
14 Jan 12
The Board of the Aberdeen Australia Equity Fund, Inc. approved a change to the Fund's 80% non-fundamental policy, which will be effective March 14, 2012. Read ››
|
|
|
|
RETAIL FUNDS |
08 Jan 12
Sumitomo Mitsui Financial Groupplans to acquire a minority stake in a mid-sized Chinese fund house to access China's mutual fund industry. Read ››
|
|
|
|
HEDGE FUNDS |
06 Jan 12
Citigroup Inc.’s Singapore unit sued Hong Kong-based hedge fund manager Raghavendran Rajaraman for $1.03 million in trading losses. Read ››
|
|
|
|
RETAIL FUNDS |
05 Jan 12
The OSK-UOB Emerging Markets Bond Fund has been launched, forecasted to give an annual return of at least five to six percent. Read ››
|
|
|
|
RETAIL FUNDS |
04 Jan 12
Pacific Mutual Fund will distribute ioncome worth RM19.68 million for the three of its funds with financial years ending on Dec 31, 2011. Read ››
|
|
|
|
RETAIL FUNDS |
01 Jan 12
A 3.3 per cent second annual income with be distributed to unit holders of the ING Structured Income Fund. Read ››
|
|
|
|
RETAIL FUNDS |
19 Dec 11
Public Mutual launched its new Islamic equity income fund, Public Islamic Savings Fund. Read ››
|
|
|
|
RETAIL FUNDS |
08 Dec 11
Citibank launched its Institutional & High Net Worth Fund Platform. Read ››
|
|
|
|
RETAIL FUNDS |
04 Dec 11
Bank of India will acquire a 51 percent stake in Bharti AXA Investment Managers Pvt Ltd, an asset management company to Bharti AXA Mutual Fund. Read ››
|
|
|
|
WEALTH MANAGEMENT |
02 Dec 11
Kokusai Asset Management has removed bonds of Italy, Spain and Belgium from its $25 billion fund, Japan's top mutual fund. Read ››
|
|
|
|
WEALTH MANAGEMENT |
01 Dec 11
Bank Simpanan Nasional expects its wealth management division to contribute up to 15 per cent of the bank's revenue next year. Read ››
|
|
|
|
RETAIL FUNDS |
28 Nov 11
Reliance Mutual Fund has introduced the SWP facility under its two schemes. Read ››
|
|
|
|
RETAIL FUNDS |
27 Nov 11
Jefferies Group Inc.has hired at least seven other UBS AG bankers in Hong Kong after hiring Ren Wang to become its Asia president. Read ››
|
|
|
|
HEDGE FUNDS |
25 Nov 11
UK-based Wessex Asset Management is closing a hedge fund that invests in Asia-Pacific. Read ››
|
|
|
|
PRIVATE BANKING |
24 Nov 11
Shares of United Overseas Bank rose by 2 percent with its plan to provide wealth management services to individuals with rising affluence. Read ››
|
|
|
|
HEDGE FUNDS |
23 Nov 11
Asian hedge funds are gicing up their secrecy and allowing clients more control of their investments in order to draw money from institutions. Read ››
|
|
|
|
WEALTH MANAGEMENT |
23 Nov 11
Aladdin Capital Holdings LLC is splitting off part of its asset management business into a new company majority
owned by Japanese trading firm Mitsubishi Corp. Read ››
|
|
|