News
HSBC increases SME fund by 100%
HSBC will double its SME loan fund in Hong Kong to US$1.03 billion to accommodate more than 3,000 applications.
HSBC increases SME fund by 100%
HSBC will double its SME loan fund in Hong Kong to US$1.03 billion to accommodate more than 3,000 applications.
Nomura reduces bond price
Nomura adjusted the conversion price for its First Series of Unsecured Subordinated Convertible Bonds from 745 yen to 439.8 yen effective 12 March.
Schroders' fund capitalises on high credit spreads
Schroders aims to capitalise on the low price of corporate bonds as it expressed confidence that market forces will favour its new corporate bond offering.
HSBC survey says fund managers turn optimistic
HSBC’s quarterly Fund Managers Survey revealed fund managers turned optimistic about Greater China equities in the first quarter of 2009.
Nomura to provide platform connectivity in Asia
Nomura will provide clients with Direct Market Access and Algorithms to equity markets in Japan, Hong Kong, Singapore and Australia. ModelEx, Nomura's algorithmic trading platform which allows clients to electronically access its suite of automated trading strategies, was launched this week in Asia-Pacific.
Schroders wins 13 Lipper Awards
Over seventy percent of Schroders' retail funds outperformed their peer groups by effectively leveraging on its research and investment capabilities.
Nomura issues 716 million new shares
Nomura Holdings Inc will be offering 716,400,000 new shares of common stock of the company. After resolving matters relating to the issuance of new shares during an Executive Management Board meeting, the company categorised the new shares as follows:
Prudential to transfer 94 percent of liabilities
Prudential Plc will transfer 94 percent of its liabilities in Taiwan to China Life Insurance Company. This includes Prudential's legacy interest rate guaranteed products.
Tupling of CIMB sees bond funds to perform better
CIMB-Principal Asset Management Berhad's income distributions to three of its Unit Trust Funds show that its funds remain solid despite the challenging market environment, according to J. Campbell Tupling, Chief Executive, CIMB-Principal Asset Management Berhad.
UBS seeks more credit card exposure in Asia
To boost consumer finance in Asia, UBS Investment Bank's Simon Smiles seeks longer-term exposure to the credit card sector in China, India and Indonesia.
JP Morgan optimistic of investments in China
JP Morgan Asset Management (JPMAM) remains convinced that China's consumption trends will continue to support its long-term investment case, with its Hong Kong portfolio continuously tilted in favour of the Mainland Chinese markets.
DWS Investments launches DWS Asia Select
DWS Investments aims to help Singaporean investors capitalise on financially sound but underpriced Asia-focused companies with its latest fund — DWS Asia Select.
BNP Paribas creates advisory services team for Asia
BNP Paribas Wealth Management announced the creation of a new Asia-wide Corporate Advisory Services team to respond to the needs of its growing entrepreneur and business owner clients.
Aberdeen and AIA launch investment alternative
An investment alternative that provides investors with life protection coupled with the opportunities to maximise the return from investing in mutual fund is launched in Thailand jointly by the Aberdeen Asset Management Company Limited (Aberdeen) and American International Assurance Company Limited (AIA).
MezzAsia Capital announces Midsouth privatisation
CLSA Mezzanine Management Limited announced the successful privatisation by Zhong Nan Limited of Midsouth Holdings Limited (Midsouth) and its delisting from the Singapore Stock Exchange.
BNP Paribas sets up Islamic fund group in Malaysia
After BNP Paribas Investment Partners (BNPP IP) was recently granted approval by the Securities Commission to set up an Islamic Fund Management company, it wasted no time in solidifying its presence in the Islamic market by launching its Islamic asset management group in Malaysia.
MUFG denies merger report with Morgan Stanley
Mitsubishi UFJ Financial Group (MUFG) denies having reached a deal to a time table or structure with Morgan Stanley for a joint operation in Japan.
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