Fifty-five companies were honoured today (August 27) at the 2012 Hong Kong Awards for Industries (HKAI) presentation ceremony cum gala dinner at which the Financial Secretary, Mr John C Tsang, officiated.
Through its partnership with GreensLedge, GoldenTree will seek to further develop its local brand by continuing to offer high-quality client service to its existing Japanese investors and by leveraging GreensLedge’s local expertise and deep relation
J.P. Morgan has executed Hong Kong’s first HKD tri-party repo transaction between Bank of China (Hong Kong) (BOCHK) and Barclays Bank, the first such trade following the launch of the Hong Kong Monetary Authority’s (HKMA) cross-border collater
Worried over the finance ministry’s efforts to curb gold imports that may create long term negative impact on its availability in the country, bullion dealers have urged the government to allow banks to buy the metal back from consumers.
The Reliance Life Insurance Company, a unit of the Anil Ambani-led Reliance Capital, is in talks with several public and private sector banks to utilise their services in offering insurance products, a senior official has said.
Graham Ng, deputy head of equity sales and research at Boci Securities, says the firm’s prime servicing unit has prioritised developing relationships with managers of Chinese hedge funds up to $100 million in size.
The platform, a Dublin-domiciled UCITS umbrella structure, will select best-of-breed managers in high-growth emerging markets according to Milltrust International, and has launched with three sub funds; these include Bank Itau, BTG Pactual and Value Part
Spot gold surged 43 percent during the period. So far this year, bullion has gained about 3 percent though prices are down 16 percent from a peak above $1,920 hit last year.
OCBC Capital has signed two conditional sale and purchase agreements which will see Lion Global Investors Limited acquire a 70 per cent stake in PMFB for RM33 million, and Koperasi Angkatan Tentera Malaysia Berhad buy the other 15 per cent stake for RM7
In May, the firm hired Aoifinn Devitt (pictured) from Ignis Asset Management to head its manager selection business from primarily Japan, to Europe and other parts of Asia.