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ING sells Malaysia fund management biz
ING sells Malaysia fund management biz
ING has agreed to sell its Malaysian investment management business to Kenanga Investors Berhad.
Malaysia's CIMB expects AUM to hit RM7-B next year
Munirah Khairuddin, acting CEO of CIMB Wealth Advisors, expects robust subscription of all its products.
Public Mutual unveils 6 private retirement scheme funds
Public Mutual's six private retirement scheme.
Carlyle acquiring controlling stake in Prizm Payments
Among the largest private equity deals.
Taishin wealth management expected to decline 5%
Blame it on high base.
TA declares for Asian Dividend Income Fund
At 0.6 sen per unit.
Maybank Investment issues 8 new call warrants
Maybank Investment Bank is issuing eight new European style cash-settled structured warrants.
Private equity funds find India's day care clinics hot investments
India's day care and short-stay surgical centres are receiving private equity-backing this year.
Indian mutual fund industry to reach Rs 20 lakh crore by 2020: Reliance
Reliance Capital Asset Management foresees India's mutual fund industry to grow to Rs 20 lakh crore by 2020.
Distrust in banks makes savings bonds hot in Bangladesh
More national savings certificates are being sold in Bangladesh as it is considered as the safest investment instrument.
Harvest Global to launch yuan-denominated ETF
Hong Kong-based asset management firm, Harvest Global Investments, will launch its yuan-denominated exchange-traded fund on the Hong Kong Stock Exchange on Friday.
India relaxes mutual fund investment limits for housing finance
India's market regulator Sebi has relaxed the investment limit for such entities in debt mutual funds for housing finance companies.
RBS sees promise on Asia Pacific trade finance
Royal Bank of Scotland will give importance on trade finance in Asia-Pacific, including Thailand, due to its great promise.
Philippine mutual funds stagnate at 2.8% in Q3
Returns of Philippine mutual funds stagnated in the 3rd quarter, with most equity funds growing at the same quarterly pace of the benchmark Philippine Stock Exchange index.
Indonesia’s Bakrie Group agrees to repay $437M debt
PT Bakrie & Brothers has agreed with a plan to repay US$437 million of debt arranged by Credit Suisse.
SunGard launches Ambit Wealth Management in Asia
SunGard has launched Ambit Wealth Management, a new front-to-back wealth management solution suite with mobile banking functionality.
Malaysia's investment bankers mum on independent advice ruling
Most investment bankers have not commented made on the new rules requiring them to do more extensive work when producing independent advice in situations involving takeovers of listed companies.
