Global new flow hit a seven-year high in 2013, with expansion strongest in non-traditional fixed income, target date, global bonds and hedge funds, with Asia tipped to lead in future
Australia is among a small group of countries in which entrepreneurship has recovered to pre-global financial crisis levels, according to data from the Organisation for Economic Co-operation and Development.
BCG Study Finds Chinese Consumers Cautiously Optimistic. Middle-Class and Affluent Consumers from Smaller Cities Will Spend More Across the Board, While Those in Bigger Cities Will Spend at Higher Prices in Fewer Categories
Moody's Investors Service says that the regional expansion among Asian banks seen over the past five years brings diversification benefits, but may also present greater uncertainties to banks' growth strategies.
The number of ultra-high networth individuals (UHNIs) having an investible surplus of over Rs 25 crore rose 16 per cent to 1.17 lakh last fiscal, and this is estimated to triple to 3.43 lakh in the next three years.
A recent survey carried out by J.P. Morgan Asset Management found nearly one in five investors are planning to increase their investment amount in Asia over the coming six months, including in markets such as Japan and Hong Kong.
In recent times, smaller cities in proximity to these large urban agglomerations have also witnessed a spillover effect, with an increased percolation of global brands," said Anshuman Magazine, CMD at CBRE South Asia.