ING Group to sell Malaysian investment management business

The transaction will not have a material impact on ING's results and is subject to regulatory approvals. The transaction does not impact ING's other businesses in the region and is expected to close in the first quarter of 2013.


OzForex plans US expansion

"We have a good opportunity to take some substantial market share. We will have 10 to 12 staff in the US by the end of the financial year," Mr Griffin told The Australian. The group opened an office in San Francisco in May for its new US subsid


Kimco eyes China acquisition

The $20 billion Korean house is understood to be closing in on a 49% stake in a Chinese asset manager amid rising competitive pressures from domestic and international peers.


ING IM wins 2012 BENCHMARK Fund-award

ING Investment Management has celebrated its third, consecutive BENCHMARK Fund of the Year Awards 2012 within the Asian Bond category.


Martin Currie shuts decade-old China Hedge Fund

The UK firm’s China long/short equity strategy – which at one stage returned about 16% annually – reaches an end after a tumultuous recent history, shuttering with less than $10 million in AUM.