As we embark on the year ahead, there are a number of hurdles still to overcome. Most notable is the euro-zone debt crisis which, though off the front page for the time being, remains largely unresolved. However, with economic data in the US and emergin
These investors, called 'Qualified Foreign Investors' (QFIs), were earlier allowed to invest only in Indian mutual funds.
The entrustment term stated in the agreement is from Jan. 1, 2012 to Dec. 31, 2014. The annual caps on the service fees to be paid by China Life Insurance (Group) to China Life Asset Management for the three years are 300 million yuan (US$47.6 million), 3
L Capital, controlled by managing partner Ravi Thakran, is a fund set up to buy consumer and retail businesses that would fit with the Louis Vuitton to Moet Hennessy group
Singapore-based banks are beefing up their operations to manage the USD 25 billion wealth of the city state's 300,000 non-resident Indians (NRI), who have an investment preference for Indian securities and the rupee.
With global markets melting and every asset class straining, wealth managers are facing an uneasy task of managing HNIs’ wealth. In such circumstances,
Brokerages in China had issued a total of 109 wealth management products with total scale of 61.5 billion yuan through December 25, of which three products were in the process of being launched, reports China Securities Journal.
The fund management house, which has A$94 billion under management including around A$35 billion in fixed income, singled out Korea, Malaysia and Indonesia.
Between now and 2016, the wealth of India’s richest is expected to treble and many of these wealthy individuals are eager to invest in alternative asset classes, claims AAA.