In Focus

Vietnam's banks face high risks by investing in corporate bonds

Vietnam's commercial banks have spent 160 trillion dong into corporate bonds due to the high interest rates offered, as well as its liquidity.

Vietnam's banks face high risks by investing in corporate bonds

Vietnam's commercial banks have spent 160 trillion dong into corporate bonds due to the high interest rates offered, as well as its liquidity.

Recovery expected for India-focused hedge funds

The India-focused hedge funds is on the road to recovery and are expected to close the calendar year 2012 on a positive note.

Japanese investors turn to low-risk mutual funds

Investors withdrew a net $2 billion from Japan's domestic equity mutual funds sector in August.

China Investment Corp disposes most of BlackRock stake

China Investment Corp has sold most of its 3 percent stake in BlackRock Inc., which it bought a 3 percent stake for $1 billion in 2009.

Korean asset managers, brokerage firms suffer negative net worth

A number of South Korean asset managers and brokerage houses exhibited negative net worth.

Japan’s Nomura to cut another US$1B from overseas operations

Nomura Holdings is cutting an additional US$1 billion in costs in its overseas operations.

RHB Cap to widen Asian market base

RHB Capital will soon have regional access to seven out of ten Asean markets, as well as, Hong Kong.

Philippines to have new rules On trust and investment management

The Bangko Sentral ng Pilipinas’ Monetary Board has crafted new guidelines on the expanding trust, fiduciary and fund management industry, with assets under management now exceeding P3 trillion.

CIMB may start broking in India and South Korea

CIMB Group may start broking operations in India and South Korea after buying most of RBS Group’s Asian investment banking assets.

Bank of Montreal expands in China with acquisition of CFO Trust

Bank of Montreal has completed its previously announced acquisition of a 19.99% in Beijing-based COFCO Trust Co.

Indonesia's mutual funds anticipate second half surge

Indonesia's mutual fund industry is expecting less volatile financial markets and strong demand from retail investors to fuel a second half surge.

Ex-Citi, Heighbridge execs launch Asia hedge funds

Former Citigroup portfolio manager Yang Yeo and Janice Dunnett are preparing to launch a hedge fund in the third quarter of 2012.

BNP Paribas targets $3.53M Indonesian assets under management

PT BNP Paribas Investment Partners sees the amount of assets it manages in Indonesia increasing this year despite a decline in JCI.

India equity funds fall most in 6 mths in May

India's diversified stock funds fell the most in six months in May, pulled down by banks and automobiles amongothers.

Symphony seeks $1B for Japan-focused hedge funds

Symphony Financial Partners is seeking $1 billion from investors after its Japan-focused hedge fund returned more than four times its peers.

Maybank Kim Eng non-interest income to boost group's growth

Maybank will report commendable first quarter results with pre-provision operating profit growth expected at 19.3 percent.

China to open up markets to hedge funds

China's regulators are proposing to allow hedge funds to directly trade in mainland stocks and bonds.