News
Westpac to fortify wealth management team
Wetpac will expand its wealth management division to serve a growing demand for financial advice.
Westpac to fortify wealth management team
Wetpac will expand its wealth management division to serve a growing demand for financial advice.
Best Indonesian funds buying sukuk
Indonesia’s best-performing Islamic bond funds are buying sukuk of construction and retail companies.
Japan's Orix targets Dutch asset manager Robeco for $2.6-B
Orix Corp will buy Robeco from its owner Rabobank for about 2$2.6 billion.
Listing rules of Philippines' ETF await approval
The Philippines' securities commission has yet to approve the rules on listing of exchange-traded funds.
Investor assets in India's tax saving mutual funds reach 2-year high
Assets under management of India's equity-linked savings schemes surpassed Rs 25,000 crore.
Indiabulls offers income fund invested in govt securities
Indiabulls Mutual Fund has launched an open ended debt scheme that invests in government securities.
Japanese mutual funds post biggest net inflow since May 2011
Japanese mutual funds experienced the biggest monthly net inflow in January since May 2011.
Mainland China said to be opening door to hedge funds
Personnel changes at the CSRC in November prompted speculation that China will open up to investment vehicles.
LIC Nomura targets Rs 100 cr from equity savings scheme
LIC Nomura hopes to get around Rs 100 crore from around 20,000 retail investors from its RGESS. launched Rajiv The Rajiv Gandhi Equity Savings Scheme was launched by Finance Minister P Chidambaram over the weekend and so far five MFs--LIC-Nomura MF, UTI MF, SBIBSE 0.11 % MF, IDBIBSE 0.70 % MF and DSP Black Rock MF--have got the Sebi nod to launch the scheme.
Thailand's BAM aims for 10% revenue, profit growth
Bangkok Commercial Asset Management sees good profit in rehabilitating debts and selling NPAs.
Nomura ups quarterly net profit by 13%
Nomura Holdings posted a 13% net profit rise for the October-December quarter, as it saw gains across its businesses.
Mandiri, Citibank target ‘High-Net-Worth’ mutual fund market
Mandiri Manajemen Investasi appointed the local unit of Citibank as the sales agent for two of its mutual fund products.
Asset management firms in China post record profits
Four asset management companies in China saw total pre-provision operation profits of 37.6 billion yuan ($5.97 billion) in 2013.
Thai banks intensify competion to lure wealthy clients
Thai banks have launched strategies to retain wealthy customers and attract the newly rich.
Indian private equity firms eye investment exits, low valuations in 2013
India's private equity firms see an improved environment for investments in 2013.
RRJ Capital raises 2nd largest Asia-based private equity fund
RRJ Capital has raised US$3.5 billion (RM11 billion) for its second fund.
Peerless Mutual Fund taps Allahabad Bank
Peerless Mutual Fund will tap the un-banked customers for mutual fund schemes through select Allahabad Bank branches.
