Retail Funds
IDFC Mutual Fund announces Super Saver dividend
IDFC Mutual Fund has announced dividend for IDFC Super Saver Income Fund-Medium Term-(Plan A) under its bimonthly dividend option.
IDFC Mutual Fund announces Super Saver dividend
IDFC Mutual Fund has announced dividend for IDFC Super Saver Income Fund-Medium Term-(Plan A) under its bimonthly dividend option.
UTI Mutual Fund declares dividend for dividend yield fund
UTI Mutual Fund has declared dividend for UTI Dividend Yield Fund, an open ended equity scheme.
Reliance Mutual introduces SWP facility
Reliance Mutual Fund has introduced the SWP facility under its two schemes.
Jefferies lures 7 more UBS bankers in Asia after Wang
Jefferies Group Inc.has hired at least seven other UBS AG bankers in Hong Kong after hiring Ren Wang to become its Asia president.
Public Bank launches 3 new funds
Public Bank launched three news funds, namely PB Asia Emerging Growth Fund, PB Bond Fund and PB Sukuk Fund. It is managed by its wholly owned...
China mutual funds loses US$20B in first half
China's mutual funds made a combined loss of 125.4 billion yuan or US$19.65bi) in the first half of 2011.
Korea to require dealers to offer inflation-linked bonds
The Korean government will require specialized dealers of state bonds to offer prices of inflation-indexed bonds as part of efforts to jump-start...
Indian banks seek alternative investments as credit offtake slows
Indian banks are expected to increase investment in short-term paper or government bonds after seeing deposits sharply outpace loan growth in the...
Foreign banks allowed to distribute mutual funds in China
China has revised rules to allow foreign commercial banks to distribute mutual funds in the country.
Hong Leong anticipates RM100 M takaful profit t
Hong Leong expects its takaful unit to make a gross contribution of RM100 million for the financial year ending June 30, 2011.
Public Mutual declares distributions for funds
Public Mutual declared distributions for five funds for the financial year ending April 30, 2011.
TA Investment declares income distribution for funds
TA Investment Management Bhd has declared gross income distributions of 5.0 sen per unit for its TA High Growth Fund. It also declared gross income...
Moody's gives stable ratings to Sumitomo's domestic shelf registration
Moody's assigned (P)Aa3/(P)A1 ratings to the JPY500 billion domestic shelf registration programme of The Sumitomo Trust and Banking Co., Ltd. The...
HSBC offers global service for Islamic fund managers
HSBC Amanah Securities Services, a global service for Islamic fund managers,has been launched by HSBC Securities Services and HSBC Amanah.
Aminvestment Bank to launch Australia offshore fund
Aminvestment Bank Group plans to launch five offshore funds in emerging equity markets this year, including one in Australia.
Great Eastern targets 20% share of Malaysia's takaful market
Great Eastern Takaful Sdn Bhd aims to capturing about 20 percent of the market share by year end.
BDO UITFs consistently give competitive returns
THE trust and investments group of BDO has rewarded its clients last year with competitive returns on investments from its various unit investment...
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