First CTA launched in China

CTA funds aim to make profits by investing in futures, forwards, and options markets globally.


NDB Bank to exit AvivaNDB Insurance

Aviva who has a majority stake of 51 per ecent in the local insurance company is believed to have already entered into an MoU for the sale of its stake to AIA.


EFG set to launch Asia Pacific bond fund

EFG Asset Management (EFGAM), the asset management arm of EFG International, has launched the New Capital China Equity Fund, an open-ended equity fund that will invest in up to 50 Chinese and Hong Kong stocks across all capitalisations.