News

India’s Reliance Capital targets sharia market

India’s Reliance Capital targets sharia market

India's largest asset management company is set to launch two Islamic funds in Malaysia by July and roll out products for retail investors in two years.

SBI strikes deal with Jefferies Group for investment funds

The Japanese financial services firm SBI Holdings will create two funds with Jefferies Group for stocks in Asia and the US.

Alternative investing poised for recovery in the coming years

Survey indicated that events of the past two years have brought alternative investors' risk management and governance concerns into sharper focus.

Nomura strikes deal with Nippon

Nomura and NEXI join hands in creating fund to utilize trade insurance to invest in infrastructure projects in Asia.

SGX launches Asia's first dividend futures contract

Nikkei Dividend Point Index Futures contract reached total volume of $23,1mln.

MBK Partners emerges as sole bidder for KEB

The private equity fund is the only bidder that submitted proposal of $4bln as rivals offered less than $3.3bln.

ANZ establishes underwriting unit in the Philippines

ANZ authorised by SEC to engage underwriting of government and corporate securities in the country.

Nikkei futures in SG rose 1.2%

The rise followed China's announcement of plan to make the yuan more flexible.

CNBC broadcasts live from new studio at SGX

New studio located at Singapore's financial market core to support SGX as Asian gateway.

SBI to start wealth management services

State Bank of India mulls starting wealth management services in the current financial year.

Nomura and MBK Partners discuss KEB bid

Parties in early talks for joint bid for KEB even as ANZ showed interest.

Value of Japan trust funds sees largest drop since Oct 2008

Declining by $53.5 billion in May, the value of investment trust funds for Japanese investors was hit by the strengthened yen as Europe's debt crisis weighed on global shares.

BNP Paribas joins SGX as Clearing Member

Financial company is SGX's 26th clearing member of its derivatives market.

Societe Generale unit and Japaninvest join forces

Alliance expected to offer coverage representing 25% of global market capitalisation.

Singapore Exchange kicks off London operations

Move follows SGX's investment of $250mln in Reach initiative intended to create world's fastest trading engine.

Keppel and Al Rajhi JV achieves initial closing

Obtained amount of $100mln to be used for Securus Fund, world's first Shariah-compliant data centre fund.

HSBC plans selling private equity units

British bank HSBC is in talks that could lead to five separate management buyouts of its private equity fund management businesses as banks go back to focusing on core operations.