Retail Funds

'Infant' Korean hedge funds attract Bloomberg

Bloomberg is doubling the size of its Korean operation because the government is easing financial regulations on the hedge funds market.

'Infant' Korean hedge funds attract Bloomberg

Bloomberg is doubling the size of its Korean operation because the government is easing financial regulations on the hedge funds market.

SBI Mutual Fund to merge 2 schemes

SBI Mutual Fund will soon be merging two of its schemes after receiving market regulator Sebi's approval.

Public Bank to adopt asset allocation strategy with new fund

Public Bank Bhd will will invest in equities and fixed income securities with its new mixed asset fund, PB Dynamic Allocation Fund.

Alibaba dealing with CIC on buyback plan

Sources said that Alibaba Group has been in talks with China Investment Corp on investment possibilities.

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...

Ex-Citi, Heighbridge execs launch Asia hedge funds

Former Citigroup portfolio manager Yang Yeo and Janice Dunnett are preparing to launch a hedge fund in the third quarter of 2012.

Japan mutual funds fell hardest in 8 months

The asset value of Japanese mutual funds fell in May as a surging yen and plunges in global share prices hurt performance.

Merged Kenanga-ECM Libra to be among top 5 Malaysian equities brokerages

The merger of Kenanga Investment bank and ECM Libra Investment Bank can catapult it to the top five Malaysian equities brokerage by trading value.

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...

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.

PhillipCapital Malaysia sees shareholdersā€™ funds growing

Stronger sales will push its shareholdersā€™ funds from RM1.1 billion at the start of 2012 to RM1.5 billion to date, says PhillipCapital Malaysia.

Armstrong fund to invest US$150M in SEA clean energy

Armstrong Asset Management is set to launch its first fund, the Armstrong South East Asia Clean Energy Fund.

CIPEF raises $3B in emerging markets fund

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

Indian mutual fund industry set for expansion: Schroders CEO

The CEO of Schroders Investment Management is bullish on the mid- to long-term prospects of Indian mutual fund industry.

Bank of India acquires 51% of Bharti Axa MF

Bank of India has completed the formalities for has acquiring 51 percent stake in Bharti Axa Mutual Fund.

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...

HSBC Mutual not looking to sell stake or exit India

Rumors that HSBC will sell stake or exit its asset management business in India were denied the the CEO of HSBC Mutual Fund, Puneet Chaddha.