StanChart China launches onshore mutual funds

Currently, the bank cooperates with top tier domestic fund management companies including China Asset Management, E Fond, China Southern, Bosera Asset Management, Guangfa Fund Management, China Universal Asset Management, and Bank of Communications Sch


Ex-bank MD shot dead

He was the first managing director and chief executive officer of Arab-Malaysian Development Bank


Billionaire Li’s Cheung Kong to Sell Mall to Fortune REIT

Billionaire Li Ka-shing’s Cheung Kong Holdings Ltd. (1) has signed a memorandum of understanding to sell a shopping mall complex in Hong Kong to Fortune Real Estate Investment Trust (778) for HK$5.85 billion ($754 million).


Aviva in talks with Jardine to expand in Asia

Aviva is in negotiations to broker a deal with a division of Asia-focused conglomerate Jardine Matheson, which will lead to a fresh assault on Indonesia and other fast-growing Asian economies.


SSgA invests $50m in Chinese fund manager partnership

The China Securities Regulatory Commission has approved the appointments of Gui Songlei as chairman of the board, Wang Yao as inspector general and Li Xuesong as general manager. Li will be responsible for the day-to-day management of the joint venture.