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OSK-UOB to increase Asian income fund size

OSK-UOB Investment Management is seeking approval to increase the fund size of the OSK-UOB Asian Income Fund by another 200 million units.

OSK-UOB to increase Asian income fund size

OSK-UOB Investment Management is seeking approval to increase the fund size of the OSK-UOB Asian Income Fund by another 200 million units.

Sale of wealth management asset boosts Bendigo earnings by $40M

Bendigo and Adelaide Bank boosted its earnings by $40 million through the sale of its 7.8 percent stake inlisted wealth management firm IOOF.

China's sovereign wealth fund suffers losses in 2011

The China Investment Corporation posted a negative 4.3 percent in its overseas portfolio yield for 2011 due to slow global economic recovery and the European debt crisis.

IHH Healthcare IPO attracts investors, fund managers

IHH Healthcare Bhd's concurrent IPO at the Singapore Exchange Securities Trading and Bursa Malaysa Securities are attracting investors and fund managers

India's Sebi may hike expense ratio of MFs

The Securities and Exchange Board of India may increase the total expense ratio for mutual funds from the present 2.25% and allow additional incentives for systematic investment plans.

Pakistan's Habib declares dividend for six funds

Habib Bank Limited Asset Management Limited has declared final dividend for six funds under management.

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.

Maroon Analytics Joins FINCAD Channel Program

Maroon Analytics has joined the FINCAD as a Channel Partner to provide local sales, support and professional services to FINCAD's clients in Southeast Asia.

FPCIL, ICICI collaborate on financial planning

ICICI Securities has been empanelled as an education partner with Financial Planning Corporation Pvt Ltd for delivering the education for CFP certification program across India.

Phoenix board OKā€™s P11.9M convertible notes issuance

The board of Phoenix Petroleum has approved the issuance of US$11.9 million in convertible notes.

SMIC hikes retail bond issue to P15-B

SM Investments Corp. upsized its retail bond issue to US$357.9 million from US$238.6 million due to robust demand from both retail and institutional investors.

Indian investors take to crowd funding

Crowd-funding has increasingly made inroads into India.

Financial services stocks tops Indian market

Financial services stocks have outperformed the broader market so far this year gaining 28 percent since January.

India stock funds post best month since Jan

India's diversified stock funds posted their strongest gains in five months in June.

CIMB Bank offers exposure on FGV

CIMB Bank issued 3 new European Style Non-Collateralised Cash-Settled Call Warrants over the ordinary shares of Felda Global Ventures Holdings Bhd.

AmBank issues call warrants on FGV

AmBank Bhd has issued four new European-style cash-settled structured warrants over the ordinary shares of Felda Global Ventures Holdings Bhd and Multi-Purpose Holdings Bhd.

Maybank lists 8 plantation sector-focused call warrants

Maybank Investment Bank Bhd is listing eight new European style cash-settled structured warrants over ordinary shares.