News
BEA widens product range with constituent funds
The Bank of East Asia Limited has launched four constituent funds under its Mandatory Provident Fund schemes.
BEA widens product range with constituent funds
The Bank of East Asia Limited has launched four constituent funds under its Mandatory Provident Fund schemes.
2 Indian lenders partner in distributing mutual funds
State Bank of India's tie-up with Bank of Maharashtra aims further expansion to semi urban and rural investors.
Maybank Investment, Mizuho Securities ink deal
The two parties agree to join their expertise in exploring opportunities and providing excellent service.
State Bank of India receives insurance regulator's nod
SBI partners with Insurance Australia Group to open SBI General Insurance.
HSBC: Affluent customers prefer Shariah banking
HSBC will aim at internationally mobile, affluent Islamic consumers with its Amanah Premier.
Taiwan learns from life insurers' experience
Due to unknown operating risks and strong domestic competition, Taiwan banks will be careful in penetrating China's banking sector.
HSBC small-mid cap raises 329M in China
HSBC Jintrust Small-Mid Cap Equity Fund raised approximately US$329 million during the initial public offering in mainland China.
Dena agrees to distribute Shinsei products
Dena Bank will distribute Shinsei Mutual Fund schemes through its network of branches spread across the country. This is based on Dena Bank's distribution agreement with Shinsei Asset Management India Pvt. Ltd.
China's AMC market eyed by Taiwanese holding firms
Two Taiwanese holding companies want to profit from opportunities posed by Chinese asset management companies.
United Overseas Bank partners with S. Korean firm
The tie-up aims to widen investment options in Asia of investors of both companies.
CIMB to increase Islamic fund
The Securities Commission approved the increase of CIMB Islamic DALI Equity Theme Fund from two billion to 2.2 billion units.
BNP launches Indian equities-invested funds
BNP Paribas Investment Partners launched two new private placement funds invested in Indian equities. Their management is delegated to Sundaram BNPP AM, the Indian equity specialist of BNPP IP.
CIMB declares income for 2 funds
CIMB-Principal declared income distributions for two of its equity funds –Equity Fund 2 and Equity Growth Fund.
Regulator rejects China Strategic's Nan Shan bid
Lack of details and inconsistencies in data caused regulator's disapproval.
Taiwanese transactions unaffected by withholding tax
The two Taiwanese cross-border residential mortgage-backed securities transactions are not immediately affected by the announced change in Taiwan's withholding tax legislation.
Bank of Baroda, Andhra Bank to launch insurance
India regulator's nods IndiaFirst Life kick off in December with $43.34mln start-up capital.
Hong Leong Investsafe gross returns at 4.25%
Hong Leong InvestSafe has consistently produced gross returns higher than fixed deposits since its inception three years ago.
