News
BDO, BPI eye sponsoring Philippines’ first ETFs
BDO, BPI eye sponsoring Philippines’ first ETFs
Banco de Oro Unibank and Bank of the Philippine Islands have expressed interest in becoming sponsors of the country’s first exchange-traded funds
Ex-Wall Street execs launch Asian hedge fund
A fund management group run by former Wall Street bank executives has launched an Asia-focused hedge fund with seed capital from a European family office.
Needs of advisors and investors in Asia not fully met: Research
Wealth management firms in Asia are not fully supporting the technology and service requirements of their advisors and high net worth clients.
S. Korea's Daewoo bags overseas investment funding
Daewoo International Corp. signed a deal with a private equity fund to invest US$180 million in its future overseas resource development.
Samsung Asset targets top 3 rank among Asian ETF operators
Samsung Asset Management Co. is developing new products with a view to joining the ranks of Asia's three largest exchange-traded fund operators by 2015.
Philippines' Ayala Corp. to raise P10 B through bond sale
Ayala Corporation is hoping to raise P10 billion through the issuance of Ayala Fixed Rate Bonds.
Japan's giant pension fund eyes private equity investments
Japan's Government Pension Investment Fund may venture into alternative assets, such as private equity funds.
Sumitomo Mitsui to acquire Toyota asset management firm
Sumitomo Mitsui Asset Management Co. will acquire all of the outstanding shares in Toyota Asset Management Co. with an eye on making it a wholly owned subsidiary.
China Investment Corp sees 3.9% annual return
The China Investment Corporation's annualized yield of its overseas investment stood at 3.9 percent since it was founded five years ago.
Kiatnakin to provide more wealth management
Kiatnakin Bank will focus on wealth management services and target fund mobilisation to generate healthy margins.
Cap removed from Taiwan onshore funds’ China investment
Taiwan's Financial Supervisory Commission is removing the cap on investment by Taiwanese onshore fund companies in Chinese securities.
Barclays India to focus on wealth management, investment banking
Barclays will reduce retail banking operations in India to focus on wealth management and corporate and investment banking operations in India.
Malaysia poised to tap sukuk, RMB bond growth
Bank Negara Malaysia Governor Tan Sri Dr Zeti Akhtar Aziz anrticipates growth in renminbi bonds and sukuk for her country.
Philippines' BDO Issuing P5-B LTNCDs
Banco de Oro plans to issue up to P5-billion worth of Long Term Negotiable Certificates of Deposit to support its growth objectives.
China floats $4.4B worth of T-bonds
China's Ministry of Finance will sell 28 billion yuan (US$4.42 billion) in 20-year book-entry treasury bonds.
CIMB Niaga to raise $208M in bonds
CIMB Niaga will raise Rp 2 trillion or US$208 million from bonds to finance its credit expansion.
Chairman to own all shares at Alliance Investment Management
Alliance Investment Management chairman Tan Sri Abu Talib Othman will buy a 70 percent stake in the company for RM12.25 million.
