Retail Funds

UK's Schroders acquires 25% in India's Axis MF

UK-based asset management company Schroders has picked up a 25% stake in Axis Mutual Fund for an undisclosed amount.

UK's Schroders acquires 25% in India's Axis MF

UK-based asset management company Schroders has picked up a 25% stake in Axis Mutual Fund for an undisclosed amount.

Pacific Mutual announces income distribution for 11 funds

Pacific Mutual  announced an income distribution of RM28.83 million for 11 of its funds for the financial years/interim periods ended March 31, 2012...

Taiwan's Eastspring Fund targets Indonesian, Korean bonds

Eastspring Securities Investment Trust is boosting its holdings of bonds in Indonesia and South Korea.

Axis Mutual launches income fund

Axis Mutual Fund has launched a new open ended debt scheme called Axis Income Fund.

Malaysia launches settlement platform with Hong Kong and Euroclear Bank

Bank Negara Malaysia will utilize a pilot platform for cross-border investment and settlement of debt securities.

Hedge fund start-ups increasing in Asia-Pacific

High profile investment professionals are launching new new hedge funds in Asia-Pac.

Sumco to raise $186M from from bank-led fund -source

Sumco is in final talks with a turnaround fund backed by Japan's major banks to raise 15 billion yen or $186 million by issuing preferred shares.

China injects $30B on wealth fund for Euro spree

China’s US$410-billion sovereign wealth fund received a US$30 billion injection from the government last year.

Deutsche Mutual makes changes under DWS Premier Bond Fund

Deutsche Mutual Fund made changes under DWS Premier Bond Fund, with effect from 1st March 2012.

Bank of India back in mutual fund business

Bank of India hopes to start its asset management business next fiscal and is currently waiting for regulatory approvals.

India to regain investor interest in equity mutual funds in 2012: ICRA

The year 2012 could see the return of interest in equity funds in India as markets respond positively to policy actions, says ICRA Online.

AmIslamic offers bond fund for risk-averse investors

AmIslamic Funds Management now offers an Islamic bond fund that provides capital appreciation over the short-to-medium term.

Goldman Sachs acquires 4.8% stake in Mongolian bank

Goldman Sachs purchased a 4.8 per cent stake in Mongolia’s Trade and Development Bank for less than $50 milion.

UTI Mutual Fund merges schemes

UTI Mutual Fund has announced merger of S&P CNX Nifty UTI Notional Depository Receipt and UTI-Master Index Fund with UTI-Nifty Index Fund.

Indian mutual fund assets up 8% to $133.7B

The assets of Indian mutual fund industry increased to US$ 133.7 billion or Rs 6.59 trillion in January.

Bank Of Ningbo to issue bonds worth 8B Yuan

Eight billion yuan worth of financial bonds with maturities of up to 10 years will be issued by the Bank of Ningbo.

Philippine govt to launch retail treasury bonds

The Philippine government will launch retail treasury bonds on February 21 to 28.