Sunday, 17 November 2024

FINANCE Tuesday, 13 October 2015 14:56

Malaysian Investors Eye Unit Trusts for More Diversification and Less Volatility – Manulife

Appetite for unit trusts is growing among retail investors in Malaysia, with more than half already investing in such funds and nearly three quarters of those making regular investments, according to new research from Manulife. Furthermore, of those who do not...

FINANCE Tuesday, 13 October 2015 14:55

BNP Paribas In Asia Giving Back With International Philanthropy Programme

To help underprivileged young people gain self-confidence and self-sufficiency, the BNP Paribas Foundation has launched the Dream Up programme in 26 markets, including seven projects in the Asia Pacific region. Following the successful outcome of a philanthropy...

FINANCE Tuesday, 13 October 2015 14:48

IBM Security Helping Financial Services - Sharing Intelligence On Global Threats

IBM announced during SIBOS 2015 in Singapore it is working with the financial services industry to further enhance efforts to increase collaboration and worldwide sharing of cyber threat intelligence across industries and organizations. Members of the Financial...

FINANCE Monday, 12 October 2015 18:24

Pictet to Tap Into Art Market

Swiss private bank Pictet has discovered art as a new opportunity to earn money. It will offer its clients loans collateralized by high-value works of art as security.

FINANCE Monday, 12 October 2015 17:45

Leading Alternative Investment Manager Appoints New Asia Pacific MD

Man Group plc, a leading alternative investment manager, has announced the appointment of Hersh Gandhi as Managing Director, Asia Pacific (ex. Japan) with immediate effect. As Managing Director, Asia Pacific (ex-Japan) for Man Group, Mr Gandhi will lead Man...

FINANCE Monday, 12 October 2015 16:58

Credit Suisse Wasn't Tidjane Thiam's First Choice

The match between Credit Suisse and Tidjane Thiam wasn't only the result of well established contacts. Thiam joined the Swiss banking giant also because negotiations with other institutions hadn't led to an agreement.

FINANCE Monday, 12 October 2015 14:45

JP Morgan Asset Management Emerging Markets CIO Relocates To Hong Kong

Richard Titherington, Chief Investment Officer of Emerging Markets and Asia Pacific Equities, has relocated to Hong Kong from London to lead the company’s regional investment team. Meanwhile, Ted Pulling, the previous Chief Investment Officer of the firm’s...

FINANCE Monday, 12 October 2015 14:44

Former Deutsche Exec Raises $650M For German-Chinese Cross Border PE Fund

The former Deutsche Bank executive Henry Cai has raised $650 million for a new private equity fund that will invest in manufacturing and industrial firms in German-speaking countries interested in expanding in China. Cai, who was Deutsche’s Asia-Pacific chairman...

FINANCE Monday, 12 October 2015 14:42

Julius Baer Extends Formula E Partnership To 2019 – Hong Kong Joins Schedule

Swiss private banking group Julius Baer announced that it has agreed to extend the partnership with FIA Formula E Championship until 2019. Moreover, Formula E announced that starting in 2016-17 an additional race will take place in Hong Kong – an important...

FINANCE Monday, 12 October 2015 14:40

Multinational Companies Remain Optimistic About China: Heidrick & Struggles' Latest Survey

Multinational company leaders remain optimistic about their operations in China and expect good profitability there, but that they also anticipate the rate of business growth will continue to slow down—according to a new study by Heidrick & Struggles, the premier...

FINANCE Saturday, 10 October 2015 17:36

Standard Chartered Bank Could Cut Up To 1000 Senior Jobs

According to media reports out of the UK, Standard Chartered is said to be planning to cut up to 25 percent of their senior management. The news comes, according to a person with knowledge of the decision, as the bank fights hard to put an end to a two-year...

FINANCE Saturday, 10 October 2015 17:35

Venturra Capital Launches $150M Fund For Technology Investments In Southeast Asia

Venturra Capital, an independent VC fund sponsored by the Lippo Group, has launched the $150 million Venturra Capital Fund I, led by its three Managing Partners Rudy Ramawy, Stefan Jung, and John Riady. Venturra Capital will focus on Indonesia and Southeast Asia,...

FINANCE Saturday, 10 October 2015 17:34

Knight Frank Appoints New CEO For Greater China

Leading international property consultancy, Knight Frank, has appointed Mr Piers Brunner as the new Chief Executive Officer (CEO) for Greater China, based in Hong Kong. A 26-year veteran in the real estate industry, Brunner is tasked to further develop the Knight...

FINANCE Saturday, 10 October 2015 17:33

Sidley Austin LLP Adds New Partner To Hong Kong Corporate Finance Team

Global law firm Sidley Austin LLP have announced that Mengyu Lu has joined the firm’s Hong Kong Corporate Finance team and will be based in the firm’s Beijing office. Ms. Lu has considerable experience and knowledge in capital markets transactions, with an...

FINANCE Friday, 9 October 2015 16:21

BTG takeover of BSI releases unexpected forces

After months of waiting, the sale of Swiss private bank BSI to the Brazilian financial firm BTG Pactual is finally complete. Meanwhile BSI has been hit by surprise departures in the booming Asian market, finews.ch reveals.

FINANCE Friday, 9 October 2015 14:55

Norges Bank Investment Management Lands In Tokyo

The Asian Wealth Times reported several months ago that the Norwegian Sovereign Wealth Fund was about to land in Tokyo. Yesterday the fund announced the formal opening of its Japan office; the new office will focus exclusively on real estate. As one of the...

FINANCE Friday, 9 October 2015 14:54

APAC Professional Moves - October 9th Roundup

As the first full week of October comes to an end here is a round-up of senior moves around the region since the middle of the week. BNY Mellon has appointed Sindhu Vadakath as senior payments product manager for BNY Mellon’s Treasury Services business in Asia...

FINANCE Friday, 9 October 2015 14:53

Tax To Play Critical Role In Determining Winners In Asia Pacific Asset Management Industry

Global assets under management (AuM) are set to swell to US$102 trillion in 2020. Asia Pacific AuM is also expected to rise. By 2020, the region’s AUM is expected to be at an estimated US$16.2 trillion, from US$7.7 trillion in 2012. According to a new report from...

FINANCE Friday, 9 October 2015 14:52

Moody's: CIMB Bank's Profitability And Capitalization Pressured By Slowing Economic Growth

Moody's Investors Service says that CIMB Bank Berhad's standalone creditworthiness is showing some signs of weakening, but its A3 bank deposit and senior unsecured debt ratings and the positive outlook on the ratings remain supported by the very high likelihood...

FINANCE Thursday, 8 October 2015 20:06

Niki Lauda: How to make money and hold onto it

The Formula One legend is well known as an exceptionally good businessman. Although he was born rich, Nicki Lauda can describe himself as a self-made millionaire. In his newly published book, he talks about money.

Newsletter Subscription