India Approves Pair of Alt Funds

India is the latest country in Asia to allow alternative investment firms and hedge funds to operate more freely within its borders


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.