globaleye opens malaysia office
Globaleye, the Dubai-based independent advisory company, has opened a new office in Kuala Lumpur, boosting its presence in Asia to four outposts.
Asia
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regus group takes space in new singapore tower
Regus, the serviced office accommodation provider whose facilities are often used by small financial services companies, such as advisory firms, for satellite offices and start-ups, has taken 16,000sq ft of space in the third and final office tower to be built and, as of a few weeks ago, occupied as part of a major new…
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european firms baulking at chinas rising costs
More than one in five European companies say they are considering shifting their investments from China to other markets, even though they concede that the country remains a key market for them, a survey by the Beijing-based European Union Chamber of Commerce reveals.
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nikko am to expand fund platform distribution
Nikko Asset Management has hired Aoifinn Devitt to lead the expansion of its World Series Fund Platform into Europe and non-Japan Asia.
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aviva rumoured to be selling south korean
Insurance giant Aviva is rumoured to be putting its South Korean and Sri Lankan businesses up for sale, according to a report from the Reuters news association.
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henderson to build fund management
Henderson Global Investors plans to build a fund management business in Australia and has appointed former First State Investment UK chief executive Rob Adams to lead the new venture.
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pictures hong kong expert investor forum
Over 150 delegates from Hong Kong and around the region gathered for this years Hong Kong Expert Investor Forum at the Four Seasons Hotel on a sunny day to hear the views of respected fund managers on the prospects for investment not only in China and India but other markets around the world.
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asian hnwis increasingly turn to ifas for advice
High net worth individuals living in Malaysia, Indonesia, Thailand (MINT) and India are the most content with their wealth/life balance in Asia, according to new research which also found HNWIs in the region are increasingly looking to IFAs for advice.
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schroders buys 25 stake in Indian asset manager
Schroders wholly owned Asian subsidiary, Schroder Singapore, has entered into an agreement to buy a 25% stake in Axis Asset Management Company, the Indian asset management arm of Axis Bank.
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prudential granted asset management licence
Prudential Asias asset management arm, Eastspring Investments, is to enter the Indonesian market, having been granted a licence by the countrys financial markets regulator, Bapepam LK.
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convoys 21m acquisition of ipp falls through
A deal that would have seen one of Asias largest advisory companies, Hong Kong-based Convoy Financial Services, become even larger, has fallen through, after it failed to be completed in the time frame stipulated in the sale agreement.
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bank indonesia applies brakes to dbs plan
Bank Indonesia, Indonesias central bank, will not approve a proposed acquisition by Singapores DBS Group Holdings of Bank Danamon Indonesia until it has established new foreign ownership rules for banks in the country and a reciprocity arrangement with Singapore, according to reports.