Birla Sun Life Banking and Financial Services Fund launched

Its primary investment objective is to generate long-term capital appreciation to unit holders from a portfolio that is invested in equity and equity related securities of companies engaged in banking and financial services.


ICBC S'pore branch sold 2b yuan bonds

The Industrial and Commercial Bank of China's Singapore branch has on Tuesday night sold 2 billion yuan bonds priced at 3.2 per cent amid strong demand.


Taiwan to set ceiling on yuan bonds

Taiwan's Financial Supervisory Commission has said only that the issuance of Formosa bonds by mainland financial institutions is still in the planning stage.


SMSFs driving ETFs towards $10bn mark

The Australian market saw a slowdown in the growth of ASX-listed ETFS over September but it bounced back over the October month, with near record flows of more than $270m.