“South East Asia is a building theme for us, although it’s only 6 per cent of the fund at the moment,” Rowsell says.
The plans include increase in Reliance Capital’s customer base from 20 million to 50 million, expansion of distribution reach from five thousand to 25 thousand cities and towns and increase in the number of business partners from half a million to o
Net revenues for the second quarter of 2012 were US$19.1 million, an 18.1% decrease from the corresponding period in 2011, due to a decline in net revenues in one-time commissions, which were partially offset by an increase in net revenues in recurring se
Hedge funds haven’t taken off in Asia like they have in the U.S. or Europe, but bankers say that may change and are positioning themselves to lend cash and securities to them, as well as helping them find new investors—a business known as prim
About 388 buyout funds tied to Asia are in the market to raise a combined $130 billion, according to Preqin, a London- based firm that provides research on alternative-asset managers.
UK asset manager Jupiter, which this morning beat analyst expectations with its first-half figures, will open a new sales office in Hong Kong this year as part of global expansion plans, according to its chief executive.