Wealth Management

25 Sep 12
Alliance Investment Management chairman Tan Sri Abu Talib Othman will buy a 70 percent stake in the company for RM12.25 million.
22 Sep 12
Cahya Mata Sarawak Berhad acquired a further 25 million shares at a price of 85 sen per share in K&N Kenanga Holdings Bhd.
21 Sep 12
Schroder Singapore Holding has acquired a 25 percent stake in Axis Asset Management Company, giving the latter access to the former's global...
16 Sep 12
BOCI-Prudential Asset Management received a Qualified Foreign Institutional Investor ("QFII") quota of USD 150 million from the State...
15 Sep 12
Fidelity's ASEAN fund attracted net inflows of around $460 million in the last three months alone to become the largest fund focusing on the...
15 Sep 12
India's Reliance Wealth Management to will provide RWM's investment products to National Bank of Oman customers.
11 Sep 12
Nomura Holdings' new CEO plans to make overseas operations profitable by June 2014.
10 Sep 12
Permodalan Nasional Bhd will continue to strengthen efforts to improve their financial performances.
7 Sep 12
Nomura will reduced its cost cutting for Europe, where it lost the most money last year.
6 Sep 12
Sumitomo Mitsui Trust Real Estate Investment Management Co.
6 Sep 12
China Investment Corp has sold most of its 3 percent stake in BlackRock Inc., which it bought a 3 percent stake for $1 billion in 2009.
4 Sep 12
A number of South Korean asset managers and brokerage houses exhibited negative net worth.
3 Sep 12
The board of Chinatrust Financial gave its go-ahead to acquire a 98.6 percent stake in Truswell Investment for NT$466 million or US$15.6 million...
1 Sep 12
Nomura Holdings is cutting an additional US$1 billion in costs in its overseas operations.
27 Aug 12
Four asset management companies have been tapped to manage Government Pension Fund's domestic bond and equity investment portfolio worth...
16 Aug 12
Dai-ichi Life will buy a stake of up to 20 percent in U.S.
16 Aug 12
OSK-UOB Investment Management is seeking approval to increase the fund size of the OSK-UOB Asian Income Fund by another 200 million units.
15 Aug 12
Bendigo and Adelaide Bank boosted its earnings by $40 million through the sale of its 7.8 percent stake inlisted wealth management firm IOOF....
26 Jul 12
The China Investment Corporation posted a negative 4.3 percent in its overseas portfolio yield for 2011 due to slow global economic recovery and...
17 Jul 12
Ashwin Chadha has been appointed as a director in wealth and investment management division of Barclays in New Delhi.
9 Jul 12
China's fund management companies are seeking to compete with wealth management products sold by commercial banks.
8 Jul 12
Temasek Holdings announced that growth in the value of its investments slowed in the last financial year.
3 Jul 12
A gross income distribution of four sen per unit for has been declared for TA Growth Fund unitholders registered as of June 29, 2012.
28 Jun 12
ICICI Prudential Mutual will manage the Indian investments of Stockholm-based Nordea Bank's asset management company.
17 Jun 12
The euro-zone crisis may create volatility in the Thai stock market in the third quarter, predicts One Asset Management.
12 Jun 12
The service will offer bespoke solutions to clients to meet their long-term plans for structuring, protection and transmission of wealth...
11 Jun 12
PT BNP Paribas Investment Partners sees the amount of assets it manages in Indonesia increasing this year despite a decline in JCI.
11 Jun 12
A new mutual fund product could increase CIMB Niaga's assets under management by 20 percent to Rp 5 trillion or US$529 million this year....
9 Jun 12
PhillipCapital Malaysia expects its total assets under management to surpass RM2 billion or US$633 million by year end from RM1.5 billion...
8 Jun 12
India Infoline Asset Management Company's new open-ended index fund seeks to to provide returns to investors across diversified sectors...
16 May 12
Maybank will report commendable first quarter results with pre-provision operating profit growth expected at 19.3 percent.
9 May 12
Five foreign institutions were granted licenses by the China Securities Regulatory Commission in April.
25 Apr 12
Sumitomo Mitsui Banking Corp.
10 Apr 12
RHB Capital hopes to play a bigger role in the Indonesia market after it acquires Bank Mestika.
9 Apr 12
Sukhumvit Asset Management is earmarking 3 billion baht or US$96.9 million this year to bid for non-performing loans worth 120 billion baht....
7 Apr 12
CIMB-Principal Asset Management will submit a range of solutions based on the private retirement scheme approved by the Securities Commission....
2 Apr 12
CIMB Bank became the largest investment banking franchise in Asia outside Japan after acquiring the Asian assets of RBS.
12 Mar 12
Industry experts on Islamic Wealth Management  will share their wide spectrum of expertise at the upcoming Kuala Lumpur Conference 2012....
10 Mar 12
CIMB-Principal Asset Management listed Asia Pacific's first Exchange Traded Fund on the Singapore Exchange.
18 Feb 12
Macquarie Group cut about 10 percent of its investment banking workforce in Asia last week.