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Lazard Australia to sell stake in Scottish Pacific
Lazard Australia to sell stake in Scottish Pacific
Lazard Australia Private Equity is entertaining offers for its stake in Scottish Pacific Debtor Finance.
Finansa CEO advises bond investments as Thai policy rates fall
Finansa Asset Management CEO Teerapan Jittalan foresees a 50-basis point cut in the policy rate this year.
Mutual fund investors buy gilt funds, dump equities
Indian mutual fund investors disposed off equities as they iturn to gilt funds in January 2013.
SBI Mutual Fund launches SBI Sensex ETF
SBI Mutual Fund launched SBI Sensex ETF scheme first time equity investors.
TA Investment declares income distribution for funds
TA Investment declared a gross income distribution for two funds.
Philippines' GSIS to increase equities exposure
State-run GSIS plans to further increase its exposure in the Philippine equities market this year.
Public Mutual declares distributions for 4 funds
Public Mutual Bhd declared distributions for four of its funds for financial year ending Jan 31, 2013.
Warning made against Chinese wealth management products
The frenzy of Chinese banks to snatch depositors have led to non-standard operations in wealth management.
Kasikorn expects AUM to hit Bt1-T
Kasikorn Asset Management forecasts assets under management (AUM) to touch Bt1 trillion this year.
European fund targets Philippines' SPi Global
European private-equity firm CVC Capital Partners signified interest in buying SPi Global Holdings.
KKR signs Vietnam's top private equity deal with Masan
KKR & Co LP has invested an additional $200 million in Masan Consumer Corp.
Fund manager warns against Philippine foreign ownership rules
Lazard Asset Management warned that foreign ownership ruling for PLDT may negatively impact the country.
Burmans gets stake in Delhi-based DMI Finance
The Burman family has acquired a strategic stake in DMI Finance Private Ltd, a Delhi-based finance company.
OSK-UOB launches Series 6 of focus bond fund
OSK-UOB Investment launched Series 6 of its OSK-UOB Focus Bond suite of funds.
Mizuho Financial merges 2 brokerages to bolster operations
Mizuho Securities Co. has been formed by merging two brokerages under Mizuho Financial Group Inc.
More overseas demand expected for S. Korean bonds
South Korean banks and companies raised US$39.1 billion by selling bonds in overseas markets in 2012.
China's smaller banks eyed to run fund firms
China's pilot project that has allowed banks to operate fund management companies will be expanded.
