News

Agrobank offers new Islamic investment product

Agrobank introduced its Fixed Return Investment Account-i or FRIA-i, that would offer fixed returns based on syariah principle of commodity murabahah and would be offered to individuals and non-individuals.

Agrobank offers new Islamic investment product

Agrobank introduced its Fixed Return Investment Account-i or FRIA-i, that would offer fixed returns based on syariah principle of commodity murabahah and would be offered to individuals and non-individuals.

Nomura includes Thailand in equity research coverage

Nomura has included Thailand in its equity research, after Malaysia and Indonesia.

Reliance Capital offers mutual fund service through SMS

Customers can now initiate a Systematic Investment Plan in mutual fund through their mobile phones with Reliance Capital Asset Management's new initiative.

Four groups to manage Thai GPF investment

Four asset management companies have been tapped to manage Government Pension Fund's domestic bond and equity investment portfolio worth over Bt33.5 billion.

Citi Venture Capital to invest $125M in Prometheon

The private equity arm of Citigroup is set to invest $125 million, or Rs 700 crore, in Prometheon.

China's Fortune Link ties up with Korea's KDB Daewoo

Fortune Link Fund Management Co. and KDB Daewoo Securities Co. has signed a deal to team up in the Chinese  private equity market.

Hong Leong's investment banks to undergo $80.36M rationalisation

Hong Leong Capital is proposing a US$80.36 million rationalisation plan of Hong Leong Investment Bank Bhd and its newly acquired MIMB Investment Bank Bhd.

AmInvestment to launch 3 funds in 6 months

AmInvestment will increase the numbers of funds from 72 to 75 over the next six months with new equity and fixed income funds.

Asia Alternatives raises over $1.5B

Asia Alternatives raised more than $1.5 billion in new funds to invest into fund managers across Asia.

Thailand's KBank sets up investment banking arm

A new investment banking division will help Kasikornbank access the equity-capital and debt-capital markets.

Bank of Ayudhya rebrands private banking business, eyes young rich

Bank of Ayudhya has rebranded its private-banking business as Krungsri Exclusive in responding to the trends of younger high-net-worth individuals.

Indonesia to reallocate hajj funds to project-based bonds

Indonesia will raise money for infrastructure development by reallocating dormant hajj funds from the Finance Ministry into project-based sukuk.

Asset Plus Fund provides Thais with principal protection

Asset Plus Fund Management will launch a mutual fund who want to protect their principal while getting higher returns than on bank deposits or government bonds.

2 of 5 Malaysian consumers investing via various channels

A Nielsen report showed that 2 out of 5 Malaysians are investing in various channels from mutual funds to precious metals.

ETFs help push up value of Japan mutual funds

The asset value of Japanese mutual funds rebounded in June.

Bonds for retail investors in Malaysia to be offered soon

A framework to facilitate the offering of bonds to retail investors is now under development.

Goldman relocating Asia brokerage business from Japan to HK

Goldman Sachs is scaling back operations of its prime brokerage unit in Japan, which services hedge funds.