News
Khazanah-linked Jadwa Investment declares 15% higher dividend
Jadwa Investment, linked with Malaysian governments investment arm Khazanah Nasional Berhad, has declared 15 % higher dividend of RM1.26 a share.
Khazanah-linked Jadwa Investment declares 15% higher dividend
Jadwa Investment, linked with Malaysian governments investment arm Khazanah Nasional Berhad, has declared 15 % higher dividend of RM1.26 a share.
AmInvestment Bank eyes RM30 B in managed assets
AmInvestment is hoping to have RM30 billion in total assets under management by end of its financial year on March 31.
Baring likens South Korea to 80s Japan
South Korea is in a good position to boost exports to emerging and developed markets in 2012, according to Baring Asset Management.
Aberdeen Australia Equity Fund changes investment policy
The Board of the Aberdeen Australia Equity Fund, Inc. approved a change to the Fund's 80% non-fundamental policy, which will be effective March 14, 2012.
Japan's SMFG to penetrate China's mutual fund industry
Sumitomo Mitsui Financial Groupplans to acquire a minority stake in a mid-sized Chinese fund house to access China's mutual fund industry.
Citigroup Singapore sues HK-based hedge fund manager over gold
Citigroup Inc.’s Singapore unit sued Hong Kong-based hedge fund manager Raghavendran Rajaraman for $1.03 million in trading losses.
OSK-UOB's new fund to give 5-6% returns
The OSK-UOB Emerging Markets Bond Fund has been launched, forecasted to give an annual return of at least five to six percent.
Pacific Mutual to distribute Rm19.68 M income for 3 funds
Pacific Mutual Fund will distribute ioncome worth RM19.68 million for the three of its funds with financial years ending on Dec 31, 2011.
ING Funds to distribute 3.3% income
A 3.3 per cent second annual income with be distributed to unit holders of the ING Structured Income Fund.
Public Mutual launches new Islamic fund
Public Mutual launched its new Islamic equity income fund, Public Islamic Savings Fund.
Citibank provides clients with institutional, high net worth trusts
Citibank launched its Institutional & High Net Worth Fund Platform.
Bank of India to acquire 51% stake in Bharti AXA
Bank of India will acquire a 51 percent stake in Bharti AXA Investment Managers Pvt Ltd, an asset management company to Bharti AXA Mutual Fund.
Japan's Kokusai drops Italian, Spanish, Belgian bonds
Kokusai Asset Management has removed bonds of Italy, Spain and Belgium from its $25 billion fund, Japan's top mutual fund.
BSN's Wealth Management to contribute up to 15% revenue
Bank Simpanan Nasional expects its wealth management division to contribute up to 15 per cent of the bank's revenue next year.
Reliance Mutual introduces SWP facility
Reliance Mutual Fund has introduced the SWP facility under its two schemes.
Jefferies lures 7 more UBS bankers in Asia after Wang
Jefferies Group Inc.has hired at least seven other UBS AG bankers in Hong Kong after hiring Ren Wang to become its Asia president.
Wessex closing Asia hedge fund on asset slump
UK-based Wessex Asset Management is closing a hedge fund that invests in Asia-Pacific.
