News
PhillipCapital Malaysia sees shareholders’ funds growing
Stronger sales will push its shareholders’ funds from RM1.1 billion at the start of 2012 to RM1.5 billion to date, says PhillipCapital Malaysia.
PhillipCapital Malaysia sees shareholders’ funds growing
Stronger sales will push its shareholders’ funds from RM1.1 billion at the start of 2012 to RM1.5 billion to date, says PhillipCapital Malaysia.
India's private equity funds tap small town ventures
Private equity players are turning to smaller cities and towns across India for stellar investment opportunities.
Armstrong fund to invest US$150M in SEA clean energy
Armstrong Asset Management is set to launch its first fund, the Armstrong South East Asia Clean Energy Fund.
China grants licenses to 5 foreign investors in April
Five foreign institutions were granted licenses by the China Securities Regulatory Commission in April.
Bank of India acquires 51% of Bharti Axa MF
Bank of India has completed the formalities for has acquiring 51 percent stake in Bharti Axa Mutual Fund.
HSBC Mutual not looking to sell stake or exit India
Rumors that HSBC will sell stake or exit its asset management business in India were denied the the CEO of HSBC Mutual Fund, Puneet Chaddha.
Pacific Equity to Buy Spotless After Twice Raising Bid
Pacific Equity Partners agreed to buy cleaning and catering contractor Spotless Group after raising its bid a second time to A$720 million or $753 million.
UK's Schroders acquires 25% in India's Axis MF
UK-based asset management company Schroders has picked up a 25% stake in Axis Mutual Fund for an undisclosed amount.
BlackRock to launch investment fund with China’s CIC
BlackRock Inc and China Investment Corp will jointly launch an investment fund likely to be worth several billion US dollars.
IIFCL's $1B infra debt fund operational by May
India Infrastructure Finance Company's $ 1 billion infrastructure debt fund may be operational by the end of next month.
Sumitomo Mitsui to acquire stake in China Post
Sumitomo Mitsui Banking Corp. will buy a 24 percent equity stake in China Post & Capital Fund Management Co.
RHB Capital to acquire OSK Investment, Bank Mestika
RHB Capital hopes to play a bigger role in the Indonesia market after it acquires Bank Mestika.
Sukhumvit Asset Management allots $96.9M for NPLs
Sukhumvit Asset Management is earmarking 3 billion baht or US$96.9 million this year to bid for non-performing loans worth 120 billion baht.
CIMB Principal submits range of solutions
CIMB-Principal Asset Management will submit a range of solutions based on the private retirement scheme approved by the Securities Commission.
Pacific Mutual announces income distribution for 11 funds
Pacific Mutual announced an income distribution of RM28.83 million for 11 of its funds for the financial years/interim periods ended March 31, 2012.
CIMB transforms into an investment bank with RBS’s Asia assets
CIMB Bank became the largest investment banking franchise in Asia outside Japan after acquiring the Asian assets of RBS.
Taiwan's Eastspring Fund targets Indonesian, Korean bonds
Eastspring Securities Investment Trust is boosting its holdings of bonds in Indonesia and South Korea.
