Bullish ASEAN markets to prosper alongside
Bullish economic activity across Southeast Asia will be very positively influenced by the rollout of the ASEAN Economic Community (AEC) in 2015, says Barings Asset Management.
Asia
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Amundi sets up distribution in Thailand
Amundi Group has expanded its operations in Asia, setting up a wholly-owned mutual fund brokerage company in Thailand.
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Last Word Media celebrates eight years
Last Word Media celebrated eight years in Asia last week in spectacular style with two parties in Asia’s leading financial hubs.
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Amundi plans Asian expansion
Amundi Group is planning to expand into Asia, according to its chief executive officer, Pascal Blanqué,
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Robeco Group outlines Japan expansion plans
Netherlands-headquartered Robeco Group has unveiled its strategy to set up full-scale operations and expand its asset management business in Japan.
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Source launches new ETF to track Japan index
The latest product to emerge from the pipeline of exchange traded product provider Source aims to provide exposure to Japan’s stock market.
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HMRC issues first accelerated payment notices
HM Revenue & Customs has issued its first accelerated payment notices to suspected tax avoiders, and will continue to do so on a monthly basis until it has sent out over 40,000 demands.
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Alquity launches sustainable Future World Fund
Alquity Investment Management has launched its Future World Fund, with the aim of using its four existing regional products to access growth potential in emerging and frontier markets across Africa, Asia, Latin America, and the Indian Subcontinent.
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CITIC and former directors facing legal action
State-owned Chinese conglomerate CITIC and five of its former directors are facing legal action from the Hong Kong authorities which allege they provided false or misleading information when the firm incurred “massive losses” in 2008.
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Ashmore steps up operations in the Gulf
Ashmore appears to be stepping up its activity in the Middle East, with the appointment of its former Turkey chief executive to lead its efforts in Saudi Arabia.
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Axa appoints two to Asia fixed income team
Axa Investment Managers has made two additions to its fixed income team in Asia, as it attempts to bolster its coverage of the region.
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Manulife offers RMB
Manulife Asset Management (Taiwan) has introduced the country’s first RMB-hedged share class for a non-China focussed fund.