Japan

Dai-ichi buying stake in U.S. fund firm Janus Capital

Dai-ichi Life will buy a stake of up to 20 percent in U.S. asset manager Janus Capital Group.

Dai-ichi buying stake in U.S. fund firm Janus Capital

Dai-ichi Life will buy a stake of up to 20 percent in U.S. asset manager Janus Capital Group.

ETFs help push up value of Japan mutual funds

The asset value of Japanese mutual funds rebounded in June.

Japan's Mizuho may face charges in 5-year-old mortgage bond deal

Mizuho Financial Group Inc. is likely to face civil charges over the sale of a US$1.6 billion mortgage bond deal five years ago.

Goldman relocating Asia brokerage business from Japan to HK

Goldman Sachs is scaling back operations of its prime brokerage unit in Japan, which services hedge funds.

"Chinese" fund on buying spree of stakes in Japanese firms

An investment fund reportedly based in Australia but said to be a Chinese government investment vehicle has been increasing its stakes in Japanese companies.

Japan mutual funds fell hardest in 8 months

The asset value of Japanese mutual funds fell in May as a surging yen and plunges in global share prices hurt performance.

Ex-Lehman trader quits as Asia hedge funds falter

Former Lehman Brothers trader Allan Bedwick is shutting his $120 million Asia-based fund after giving it a two-and-half-year run.

Symphony seeks $1B for Japan-focused hedge funds

Symphony Financial Partners is seeking $1 billion from investors after its Japan-focused hedge fund returned more than four times its peers.

Sumco to raise $186M from from bank-led fund -source

Sumco is in final talks with a turnaround fund backed by Japan's major banks to raise 15 billion yen or $186 million by issuing preferred shares.

ING to sell Asia investment management separately

ING will auction its investment management business separately from its Asian insurance business.

Nomura incurs $136M net loss for April-Dec.

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.

Mizuho bares Asian expansion plans

Mizuho Financial Group may buy an investment bank in Asia to help improve slow growth in winning equity and debt offerings in the region.

Japan's Kokusai drops Italian, Spanish, Belgian bonds

Kokusai Asset Management has removed bonds of Italy, Spain and Belgium from its $25 billion fund, Japan's top mutual fund.

Aladdin Capital to dispose corporate credit funds to Mitsubishi

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.

Shinsei Bank to integrate LaLaport and Tsudanuma consulting

Shinsei Bank will integrate its LaLaport Financial Center and Tsudanuma Consulting Spot

Moody's gives stable ratings to Sumitomo's domestic shelf registration

Moody's assigned (P)Aa3/(P)A1 ratings to the JPY500 billion domestic shelf registration programme of The Sumitomo Trust and Banking Co., Ltd. The rating outlook is stable.

Mizuho bolsters asset management business with Eurekahedge acquisition

Mizuho Financial Group  will buy the hedge fund research firm Eurekahedge for about $25 million. This is the latest move by the bank to bolster its asset management business.