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TA Investment declares income distribution for growth fund

A gross income distribution of four sen per unit for has been declared for TA Growth Fund unitholders registered as of June 29, 2012.

TA Investment declares income distribution for growth fund

A gross income distribution of four sen per unit for has been declared for TA Growth Fund unitholders registered as of June 29, 2012.

BofA, Goldman benefits from Malaysia deal boom

Bank of America-Merrill Lynch, Goldman Sachs and J.P. Morgan are among the investment banks benefiting from the deal-making boom

One Asset launches flexible policy fund

One Asset Management launched a fund with a flexible policy that will mainly invest in bonds and some select stocks when the market has corrected sharply.

Foreign investment banks expect BOK to cut interest rates

A number of foreign investment banks forecast that South Korea's central bank will lower its key interest rates to help stimulate growth.

Kuwaiti fund to pour $150M into Malaysia IHH IPO

Kuwait Investment Authority will invest about $150 million in Malaysian firm IHH Healthcare's planned $2 billion IPO in Kuala Lumpur and Singapore.

VBSP fails to sell government bonds

The Vietnam Bank for Social Policies failed to sell any of VND2 trillion worth of government bonds.

J.P. Morgan to offer securities lending in Malaysia

J.P. Morgan became the first international lender in the Malaysian market to offer a securities lending product.

RBS Wealth Division launched wealth planning services in India

The service will offer bespoke solutions to clients to meet their long-term plans for structuring, protection and transmission of wealth.

India's HDFC doubles 5-yr bond issue to $89M

India's Housing Development Finance Corp more than doubled its five-year bond issue size to at least 5 billion rupees or $89.46 million.

Stanchart Private Bank to offer Islamic financial solutions

Singapore-based Standard Chartered Private Bank will start offering a comprehensive suite of Islamic financial solutions for its clients.

India Infoline launches dividend opportunities index fund

India Infoline Asset Management Company's new open-ended index fund seeks to to provide returns to investors across diversified sectors comprising large and mid-cap stocks.

Sukuk bonds excessively in demand among Indonesians

The Indonesian government has issued Rp 120 trillion or $12.84 billion in sukuk, over the past four years, for what the Finance Ministry calls an "excessive" demand.

Hektar REIT gets approval to increase fund size

Hektar Asset Management has obtained the Securities Commission's approval for its proposal to increase its fund size.

CIPEF raises $3B in emerging markets fund

Capital International Private Equity Funds has concluded raising $3 billion.

Nuvest aims to raise $1B in first year of ops

Nuvest Capital will launch a global multi-asset fund with an emphasis on emerging markets by July with seed money from GIC.

Islamic alternative investments firm to sue Reserve Bank of India

Alternative Investments and Credits is planning to move court against the Reserve Bank of India after it has been stripped of its licence to carry out non-banking finance activities.

Syarikat eyes top position in Malaysia's takaful market

Syarikat Takaful Malaysia Bhd is eyeing to be the leader in the takaful market over the next three to five years through an aggressive rebranding campaign.