News

Asia’s investment bankers getting poorer with bonus cuts

On the rise this year has been the number of Asia bankers getting zero bonus.

Asia’s investment bankers getting poorer with bonus cuts

On the rise this year has been the number of Asia bankers getting zero bonus.

AmIslamic offers bond fund for risk-averse investors

AmIslamic Funds Management now offers an Islamic bond fund that provides capital appreciation over the short-to-medium term.

Sukuk dominates fund-raising in 2011, says Malaysia's SC

Sukuk issuances accounted for US$26 billion out of US$39.2 billion approved for fund-raising activities by the Securities Commission in 2011.

ING Public wants 10% of takaful market by 2015

ING Public Takaful Ehsan wants its market share in the takaful industry to jump from 2 percent to 10 percent in 2015.

Goldman Sachs acquires 4.8% stake in Mongolian bank

Goldman Sachs purchased a 4.8 per cent stake in Mongolia’s Trade and Development Bank for less than $50 milion.

Deutsche Bank exits India's Lodha with $183 M profit

Deutsche Bank exited a four-year investment in Mumbai-based builders Lodha Developers, with a $183.09 million profit.

OSK Investment remains upbeat on Perwaja despite downgrade

Transformation efforts by Perwaja Holding kept OSK Investment Bank upbeat despite downgrade by Malaysian Rating Corp.

Nomura incurs $136M net loss for April-Dec.

Nomura incurred a group net loss of US$136 million in the April to December period partly due to a slump in business for corporate customers.

OSK's online trading to lure Japanese investors to Asean

OSK Investment Bank Bhd entered into a strategic alliance ith SBI Holdings Inc, a Japanese Internet-based financial conglomerate.

CIMB-Principal pays out $14.4M for 12 funds

CIMB-Principal paid out a total of US$14.4 million in distributions for 12 of its 54 trust funds.

Maybank Concludes US$330.6 Million Term Facility For Bajradaya Sentranusa

Maybank has syndicated US$330.6 million 10-year facility for PT Bajradaya Sentranusa.

Australian covered bonds welcomed in Europe

Over $5billion of the recent issuance of covered bonds were denominated in Australian dollars, due to large transactions from Commonwealth Bank of Australia and Westpac.

Indonesia to issue project-based sukuk in H1

Indonesia will issue $223.59 million of project-based sukuk in the first half.

Pakistani mutual funds up 15%

Public money under management of Mutual Funds rose 15 per cent to Rs287 billion in July to December, 2011.

Equity funds to top mutual funds in Indonesia: analysts

Equity funds are expected to gain 12 to 15 percent in 2012, versus an 0.8-percent loss  last year.

Reliance MF eyes more unique plans for investors

Reliance Capital Asset Management Ltd is looking to generate more business from gold savings plans and its recently launched Reliance Any Time Money Card.

Private equity attracted to HK

Hong Kong is attracting venture capital investment, said John Tsang, Financial Secretary of Hong Kong.