Retail Funds
HSBC launches investment solution for unit trusts
HSBC launches investment solution for unit trusts
                                                                                                 
                        
                          	FundMax enables unlimited transactions and switching between funds for a single monthly fee.
                    
                                        
                    
                StanChart taps Templeton Emerging Markets Fund
                                                                                                 
                        
                          	Lenders holding StanChart's IDR started sourcing anchor investors from foreign investors, local banks and mutual funds.
                    
                                        
                    
                DBS to invest $150mln in a Myo Capital fund
                                                                                                 
                        
                          	Lender eyes minority stake on fund to benefit from distressed debt, bonds, leveraged debt in Asia-Pacific.
                    
                                        
                    
                SBI hires 18,000 to mutual fund sales force
                                                                                                 
                        
                          	Move can make lender India’s biggest mutual fund marketing machine.
                    
                                        
                    
                Union Bank partners with Belgian KBC Asset Management
                                                                                                 
                        
                          	Parties will invest $67mln for new mutual fund business targeted to launch in Q4 2010.
                    
                                        
                    
                Metrobank entrusted to manage BSP Provident Fund
                                                                                                 
                        
                          	Lender's fund management excellence earned accreditation from the Philippines' central bank.
                    
                                        
                    
                Union Bank of India to undertake asset management
                                                                                                 
                        
                          	UBI ties up with a Belgian company to engage in mutual fund business within 4 months.
                    
                                        
                    
                China approves StanChart as Bond Market Maker
                                                                                                 
                        
                          	Standard Chartered will act as Market Maker in China's National Interbank Bond market. It became one of the few foreign banks to achieve the status...
                    
                                        
                    
                Société Générale strengthens local presence in Japan
                                                                                                 
                        
                          	Toshiyuki Tomita has been appointed as Managing Director and Head of Société Générale Tokyo Branch’s Flow FX Sales team.
                    
                                        
                    
                BEA widens product range with constituent funds
                                                                                                 
                        
                          	The Bank of East Asia Limited has launched four constituent funds under its Mandatory Provident Fund schemes.
                    
                                        
                    
                2 Indian lenders partner in distributing mutual funds
                                                                                                 
                        
                          	State Bank of India's tie-up with Bank of Maharashtra aims further expansion to semi urban and rural investors.
                    
                                        
                    
                SBI Macquarie hires CEO, Deputy CEO
                                                                                                 
                        
                          	CEO Varun Bajpai and Deputy CEO Praveen Gupta were assigned to manage SBI Macquarie and future firm.
                    
                                        
                    
                HSBC small-mid cap raises 329M in China
                                                                                                 
                        
                          	HSBC Jintrust Small-Mid Cap Equity Fund raised approximately US$329 million during the initial public offering in mainland China.
                    
                                        
                    
                Dena agrees to distribute Shinsei products
                                                                                                 
                        
                          	Dena Bank will distribute Shinsei Mutual Fund schemes through its network of branches spread across the country. This is based on Dena Bank's...
                    
                                        
                    
                CIMB to increase Islamic fund
                                                                                                 
                        
                          	The Securities Commission approved the increase of CIMB Islamic DALI Equity Theme Fund from two billion to 2.2 billion units.
                    
                                        
                    
                CIMB declares income for 2 funds
                                                                                                 
                        
                          	CIMB-Principal declared income distributions for two of its equity funds –Equity Fund 2 and Equity Growth Fund.
                    
                                        
                    
                HSBC sees growth in small to mid caps
                                                                                                 
                        
                          	Mainland China investors can now capture the potential of small to medium cap companies with HSBC's new fund.