Wealth Management
India Infoline launches dividend opportunities index fund
India Infoline launches dividend opportunities index fund
                                                                                                 
                        
                          	India Infoline Asset Management Company's new open-ended index fund seeks to to provide returns to investors across diversified sectors comprising...
                    
                                        
                    
                Maybank Kim Eng non-interest income to boost group's growth
                                                                                                 
                        
                          	Maybank will report commendable first quarter results with pre-provision operating profit growth expected at 19.3 percent.
                    
                                        
                    
                China grants licenses to 5 foreign investors in April
                                                                                                 
                        
                          	Five foreign institutions were granted licenses by the China Securities Regulatory Commission in April.
                    
                                        
                    
                Sumitomo Mitsui to acquire stake in China Post
                                                                                                 
                        
                          	Sumitomo Mitsui Banking Corp. will buy a 24 percent equity stake in China Post & Capital Fund Management Co.
                    
                                        
                    
                RHB Capital to acquire OSK Investment, Bank Mestika
                                                                                                 
                        
                          	RHB Capital hopes to play a bigger role in the Indonesia market after it acquires Bank Mestika.
                    
                                        
                    
                Sukhumvit Asset Management allots $96.9M for NPLs
                                                                                                 
                        
                          	Sukhumvit Asset Management is earmarking 3 billion baht or US$96.9 million this year to bid for non-performing loans worth 120 billion baht.
                    
                                        
                    
                CIMB Principal submits range of solutions
                                                                                                 
                        
                          	CIMB-Principal Asset Management will submit a range of solutions based on the private retirement scheme approved by the Securities Commission.
                    
                                        
                    
                CIMB transforms into an investment bank with RBS’s Asia assets
                                                                                                 
                        
                          	CIMB Bank became the largest investment banking franchise in Asia outside Japan after acquiring the Asian assets of RBS.
                    
                                        
                    
                Islamic wealth management conference to be held in Kuala Lumpur in April
                                                                                                 
                        
                          	Industry experts on Islamic Wealth Management  will share their wide spectrum of expertise at the upcoming Kuala Lumpur Conference 2012.
                    
                                        
                    
                CIMB-Principal to list first Asia Pacific ETF on SGX
                                                                                                 
                        
                          	CIMB-Principal Asset Management listed Asia Pacific's first Exchange Traded Fund on the Singapore Exchange.
                    
                                        
                    
                Macquarie cuts 10% of Asian investment banking jobs
                                                                                                 
                        
                          	Macquarie Group cut about 10 percent of its investment banking workforce in Asia last week.
                    
                                        
                    
                Goldman eyes new Indonesia deals after losing out to Morgan Stanley
                                                                                                 
                        
                          	Goldman is eyeing other Indonesian brokerages after being elbowed out by rival Morgan Stanley in a race to buy a brokerage seat in Indonesia.
                    
                                        
                    
                Asia’s investment bankers getting poorer with bonus cuts
                                                                                                 
                        
                          	On the rise this year has been the number of Asia bankers getting zero bonus.
                    
                                        
                    
                ICBC rolls out mobile banking wealth management products
                                                                                                 
                        
                          	ICBC launched the first tranche of exclusive Mobile Banking wealth management products only available to ICBC mobile banking customers.
                    
                                        
                    
                ING to sell Asia investment management separately
                                                                                                 
                        
                          	ING will auction its investment management business separately from its Asian insurance business.
                    
                                        
                    
                OSK Investment remains upbeat on Perwaja despite downgrade
                                                                                                 
                        
                          	Transformation efforts by Perwaja Holding kept OSK Investment Bank upbeat despite downgrade by Malaysian Rating Corp.
                    
                                        
                    
                Australia's financial advisers optimistic
                                                                                                 
                        
                          	Risk-focused financial advisers in Australia are optimistic about the outlook towards them and their practices despite the changes in the industry.