The Ping An MSCI China Quality Factor ETF tracks the MSCI China Quality Index, which comprises large- and mid-cap stocks, including H-shares, P chips, A-shares and foreign listed Chinese companies.
Yes Asset Management, in July, received the approval from Securities and Exchange Board of India (Sebi) to commence mutual fund business.
With the RE fund industry rapidly changing in response to increasing regulation after the financial crisis, the report reveals that the industry seems to have reached an inflection point in its evolution and that business models may need to change.
Funds raised were pegged for acquisitions including: 149 Kerry Road, Archerfield, QLD for A$30.6 million; and 155 Lakes Road and 103 Stirling Crescent, Hazelmere, WA for A$23.8 million, the term sheet said.
There are now just a few China-based banks operating in Cambodia, including the Industrial and Commercial Bank of China and the Bank of China, as well as microfinance lender Prince Microfinance.
According to Rushabh Desai, Allianz Real Estate’s chief executive officer for Asia Pacific, the acquisition is in line with the company’s "approach of creating a quality portfolio of core assets in 24x7 cities".
Australian financial services firm Fiducian Group is acquiring a Perth-based financial planning business that advises about A$73m of client money. Fiducian Group is spending A$1.66m on the acquisition component of the deal, funded from cash. As per polic