News

Malaysia makes Islamic equity standards more stringent

 Malaysia is making its guidelines for equities that qualify for Islamic investment more stringent.

Malaysia makes Islamic equity standards more stringent

 Malaysia is making its guidelines for equities that qualify for Islamic investment more stringent.

China approves country's first buyout fund

China's first domestic buyout fund is all set for launching after China Securities Regulatory Commission approved CITIC Securities' application for it.

"Chinese" fund on buying spree of stakes in Japanese firms

An investment fund reportedly based in Australia but said to be a Chinese government investment vehicle has been increasing its stakes in Japanese companies.

Public Bank to adopt asset allocation strategy with new fund

Public Bank Bhd will will invest in equities and fixed income securities with its new mixed asset fund, PB Dynamic Allocation Fund.

China's Fosun collaborates with Danish equity firm Axcel

A Chinese investment company and a Danish private equity investment firm are collaborating to identify business opportunities in China and Europe.

Alibaba dealing with CIC on buyback plan

Sources said that Alibaba Group has been in talks with China Investment Corp on investment possibilities.

Thai asset manager braces for fluctuations

The euro-zone crisis may create volatility in the Thai stock market in the third quarter, predicts One Asset Management.

Japan mutual funds fell hardest in 8 months

The asset value of Japanese mutual funds fell in May as a surging yen and plunges in global share prices hurt performance.

Ex-Och-Ziff directors start Asia hedge fund

Two former managing directors of Och-Ziff Capital Management will start their own Asia-focused hedge fund firm Maso Capital in Hong Kong within the year.

Kenanga Investment eyes strong presence in Malaysia

Kenanga Investment Bank will be able to enhance its presence in Malaysia after acquiring ECM Libra Investment for RM875.1 million.

Aminvestment to manage Kuwaiti group's RM325 sukuk issuance

AmInvestment Bank will act as sole lead manager for Kuwait's Gulf Investment Corp's GIC issuance of RM325 million sukuk.

SK Group launches private equity fund for small subcontractors

SK Group launched a $85.6 million private equity fund to invest in its small subcontractors with proven growth potential.

Major international banks vie to manage Sri Lanka's bond

Eight international investment banks have applied to manage Sri Lanka's sovereign bond.

CIMB Niaga eyes $529M in AUM

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.

Merged Kenanga-ECM Libra to be among top 5 Malaysian equities brokerages

The merger of Kenanga Investment bank and ECM Libra Investment Bank can catapult it to the top five Malaysian equities brokerage by trading value.

PhillipCapital Malaysia's managed assets to surpass $633M: MD

PhillipCapital Malaysia expects its total assets under management to surpass RM2 billion or US$633 million by year end from RM1.5 billion presently.

Insurance companies to continue investing in private equity: research

Around two-thirds of the leading global insurance companies are planning to make new private equity investments within the year.