News
Pakistan's central bank to also invest in Chinese bonds
                                                                                 
                    
                    	The People’s Bank of China had signed an agreement with the State Bank of Pakistan to help Pakistan invest in its local debt market.
                
                                
            Pakistan's central bank to also invest in Chinese bonds
                                                                                                                 
                            
                            	The People’s Bank of China had signed an agreement with the State Bank of Pakistan to help Pakistan invest in its local debt market.
                        
                                                
                        
    
                    Motilal Oswal to put up Rs300 cr impact investment fund
                                                                                                 
                        
                        	Motilal Oswal Private Equity plans to raise an impact investment fund with Rs 250-300 crore for investing in socially relevant businesses.
                    
                                        
                    
                RBC seeks growth via asset-management deals in Asia
                                                                                                 
                        
                        		Royal Bank of Canada hopes to make small- to medium-sized acquisitions in Asia and Latin America to build its equity capabilities in global asset management.
                    
                                        
                    
                Skybridge to invest more in Asian hedge funds
                                                                                                 
                        
                        	SkyBridge plans to boost allocations to Asia-based managers to about 30 percent of total capital over the next decade, from about $250 million now, said Managing Partner Anthony Scaramucci. 
                    
                                        
                    
                New Silk Route sees no reason yet for further Indian investments
                                                                                                 
                        
                        	New Silk Route CEO and founding general partner, Parag Saxena, said there was no pressure on the company to invest its remaining resources and move on to the next fund.
                    
                                        
                    
                Number of Australian funds expected to shrink
                                                                                                 
                        
                        	BlackRock predicts a huge consolidation of Australia's industry super funds, leading to a shake-out of Australian fund managers.
                    
                                        
                    
                Maybank consolidating asset management firms
                                                                                                 
                        
                        	Maybank Asset Management is working closely with Maybank Kim Eng to support its growth plans.
                    
                                        
                    
                StanChart PE to invest $35M in India's Prime Focus
                                                                                                 
                        
                        	Standard Chartered's private equity arm will invest $35 million in Indian visual entertainment services group Prime Focus LtdBSE -0.37 % at a maximum price of Rs 53 per share.
                    
                                        
                    
                Central Huijin invests in 4 major Chinese banks
                                                                                                 
                        
                        	Central Huijin Investment made massive purchases in four major Chinese banks.
                    
                                        
                    
                Malaysia's IPOs attract global fund managers
                                                                                                 
                        
                        	The listings of two Malaysian groups have attracted global fund managers that raised the country's profile.
                    
                                        
                    
                Maybank raises $1.2B through equity offering
                                                                                                 
                        
                        	Maybank completed a bookbuilding exercise in relation to its private placement, the largest in Malaysia’s corporate history.
                    
                                        
                    
                BoC executive warns of risks in wealth management products
                                                                                                 
                        
                        	There is a proliferation of off-book wealth management products that China's banking sector has to tackle, warns a bank executive.
                    
                                        
                    
                Thailand's BAY to issue subordinated debenture
                                                                                                 
                        
                        	Bank of Ayudhya will issue a 10-year unsecured subordinated debenture worth Bt20 billion to support long-term funding and reinforce its Tier 2 capital.
                    
                                        
                    
                Philippines' SM Investments raises $500M selling 7-year bonds
                                                                                                 
                        
                        	SM Investments' raised US$500 million from the sale of 7-year bonds, which became oversubscribed five times.
                    
                                        
                    
                BDO, BPI eye sponsoring Philippines’ first ETFs
                                                                                                 
                        
                        	Banco de Oro Unibank and Bank of the Philippine Islands have expressed interest in becoming sponsors of the country’s first exchange-traded funds
                    
                                        
                    
                Ex-Wall Street execs launch Asian hedge fund
                                                                                                 
                        
                        	A fund management group run by former Wall Street bank executives has launched an Asia-focused hedge fund with seed capital from a European family office.
                    
                                        
                    
                Needs of advisors and investors in Asia not fully met: Research
                                                                                                 
                        
                        	Wealth management firms in Asia are not fully supporting the technology and service requirements of their advisors and high net worth clients.