News
Foreign hedge funds may now invests Chinese residents' funds abroad
                                                                                 
                    
                    	China has commenced a new investment reform allowing foreign hedge funds to use funds from Chinese residents in investments abroad.
                
                                
            Foreign hedge funds may now invests Chinese residents' funds abroad
                                                                                                                 
                            
                            	China has commenced a new investment reform allowing foreign hedge funds to use funds from Chinese residents in investments abroad.
                        
                                                
                        
    
                    Romney's Bain Capital raises $2.3B for second Asia fund
                                                                                                 
                        
                        	Bain Capital LLC has completed fundraising for its second Asia fund, closing at $2.3 billion.
                    
                                        
                    
                Asian private equity fundraising down in first half
                                                                                                 
                        
                        	Private-equity fundraising and transactions decreased in almost every country in Asia during the first half of 2012, including China.
                    
                                        
                    
                India's PE investments drop 34% in June quarter
                                                                                                 
                        
                        	India's Private Equity firms invested 34% less T about $1,848 million across 102 deals during the quarter ended June.
                    
                                        
                    
                Indian banks found directing inflows to own mutual fund plans
                                                                                                 
                        
                        	Big Indian banks such as ICICI Bank and HDFC Bank direct 75-80% of all investments to their own mutual fund products.
                    
                                        
                    
                StandChart Private Equity invests in Smoothies Korea
                                                                                                 
                        
                        	Standard Chartered Private Equity Ltd. will invest $46 million in Smoothies Korea Inc.
                    
                                        
                    
                Lippo luring private equity firms to Indonesia
                                                                                                 
                        
                        	Lippo Karawaci is drawing private equity firms on its possible sale of as much as 49 percent of its unit Siloam Hospitals.
                    
                                        
                    
                China's fund companies slug it out with banks offering WMPs
                                                                                                 
                        
                        	China's fund management companies are seeking to compete with wealth management products sold by commercial banks.
                    
                                        
                    
                Takaful Malaysia expects to surpass 30% growth projection
                                                                                                 
                        
                        	Takaful Malaysia is confident of again surpassing 30 percent growth.
                    
                                        
                    
                Singapore's Temasek registers less investment growth
                                                                                                 
                        
                        	Temasek Holdings announced that growth in the value of its investments slowed in the last financial year.
                    
                                        
                    
                Two infrastructure funds put India plans on hold
                                                                                                 
                        
                        	Two large infrastructure-focused private equity funds have put their investment plans in India on hold.
                    
                                        
                    
                Blackstone, KKR eye Shriram unit stake
                                                                                                 
                        
                        	Blackstone Group and Kohlberg Kravis Roberts & Co are discussing to buy a large stake in the cement unit of the Shiram Group.
                    
                                        
                    
                Asian hedge funds to focus on long-selling
                                                                                                 
                        
                        	Some of Asia's oldest hedge funds are giving up short-selling.
                    
                                        
                    
                China, Hong Kong in cross-border trade of exchange-traded funds
                                                                                                 
                        
                        	China has approved mutual listings of exchange-traded funds on Hong Kong and mainland exchanges.
                    
                                        
                    
                'Infant' Korean hedge funds attract Bloomberg
                                                                                                 
                        
                        	Bloomberg is doubling the size of its Korean operation because the government is easing financial regulations on the hedge funds market.
                    
                                        
                    
                ICICI Prudential to manage Nordea Bank's Indian asset management company
                                                                                                 
                        
                        	ICICI Prudential Mutual will manage the Indian investments of Stockholm-based Nordea Bank's asset management company.
                    
                                        
                    
                SBI Mutual Fund to merge 2 schemes
                                                                                                 
                        
                        	SBI Mutual Fund will soon be merging two of its schemes after receiving market regulator Sebi's approval.