Turkish borrowers are targeting Asian investors in a bid to extend loan maturities after new bank regulation gave capital relief on loans with tenors of more than a year, but could find limited appetite, the sources said.
SMBC Trust Bank Ltd. Sumitomo Mitsui Financial Group, Inc. Sumitomo Mitsui Banking Corporation Establishment of the new brand PRESTIA to be used following the acquisition of Citibank Japan's retail banking business
The firm, the offshore arm of Shenzhen-listed Guoyuan Securities, operates asset management, securities trading, securities research, corporate finance, among other businesses in Hong Kong.
Chinese managers are tipped to increasingly look to independent overseas listings of ETFs, without a foreign partner. But they face difficulties in building their own infrastructure to support products.
Hugh Young, Aberdeen AM's Asia head, says he remains averse to investing in China A shares because of what he sees as poorquality firms. But he admits that sitting out the equity boom has hit returns.
Aitken Investment Management, Charlie's new fund – which will start life at close to $300 million in assets under management – will look beyond Australia to global stocks, bonds, currencies and derivatives for opportunities.