

Citi aims to expand wealth management front office in Asia
Citi is targeting significant growth in its wealth management operations in Asia, with a particular focus on expanding its front office...
Apr 14, 2025


Nomura AM enters HK retail market with five fund launches
Nomura Asset Management has launched five UCITS funds in Hong Kong, authorised by the Securities and Futures Commission of Hong Kong, for...
Apr 14, 2025


Family offices slash deals amid trade war fears
Deal activity by single-family offices fell sharply in March as wealthy investors grew cautious amid fears of a trade war. According to...
Apr 10, 2025


Raffles warns of rising volatility, urges diversification
Raffles Family Office said volatility is likely to rise amid heightened uncertainty, particularly under a potential Trump administration,...
Apr 10, 2025


Foreign investment in Vietnam hits USD11bn in Q1
Vietnam attracted USD10.98bn in foreign investment in Q1 2025, up 35% year-on-year, driven by strong capital inflows into manufacturing...
Apr 9, 2025


Malaysia gets first search fund focused on SME deals
Malaysia’s first search fund, Nusatu Capital, is one year into its mission to acquire and operate a small or medium-sized enterprise, its...
Apr 8, 2025


UK PE firm Inflexion opens Singapore office
UK-based private equity firm Inflexion has opened a new office in Singapore to expand its Asia presence and appointed Shane Gong as...
Apr 7, 2025


SE Asia scrambles to respond to new US tariffs
Vietnam will form a task force to address steep US tariffs, while other Southeast Asian nations plan talks with Washington after being...
Apr 7, 2025


China restricts US-bound investments
China has restricted local firms from making new investments in the United States, people familiar with the matter said, in a move that...
Apr 7, 2025


Hong Kong IPO market may enter global top 3 – Deloitte
Hong Kong may host a mega IPO as early as this quarter and could rank among the top three global IPO markets by fundraising in 2025,...
Apr 4, 2025


Man Group, Endowus launch credit tie-up for Asia wealth clients
Singapore-based Endowus has partnered with global asset manager Man Group to offer credit investment strategies to clients in Singapore...
Apr 4, 2025


Three investment firms set up offices in HK
Three investment firms, including one from the United States, are establishing offices in Hong Kong as the city sees renewed financial...
Apr 2, 2025


Taiwan approves Taishin Financial - Shing Kong Financial merger
Taiwan’s Financial Supervisory Commission has approved the merger of Taishin Financial Holding Co and Shin Kong Financial Holding Co,...
Apr 1, 2025


HSBC to boost wealth investments in Hong Kong
HSBC plans to significantly expand its wealth management and technology investments in Hong Kong, leveraging the city as a base to...
Apr 1, 2025


HKMA plans Wealth Connect 3.0 expansion
The Hong Kong Monetary Authority (HKMA) is preparing to launch ‘Wealth Connect 3.0’, an upgraded version of its cross-border...
Mar 31, 2025


Global investment firms setting up offices in Hong Kong
France’s Ardian SAS and US-based Arga Investment Management LP are setting up offices in Hong Kong, signalling renewed interest in the...
Mar 28, 2025


Philippine banks see millions lost to cyberattacks in 2024
Financial institutions supervised by the Bangko Sentral ng Pilipinas (BSP) reported cyberattack-related losses amounting to PHP5.82bn...
Mar 28, 2025


PE deals in Asia rebound in 2024
Private equity (PE) deal activity in Asia-Pacific rose 11% to USD176bn in 2024, driven by a surge in buyout transactions, global...
Mar 27, 2025


Indonesia's USD900bn fund unveils high-profile advisory team
Indonesia’s new sovereign fund Danantara unveiled a high-profile advisory team including Ray Dalio, Jeffrey Sachs, and former Thai...
Mar 26, 2025


Ontario Teachers’ Pension Plan to shut HK office, shift focus to Singapore
Ontario Teachers’ Pension Plan will shut its Hong Kong office as it reduces exposure to China, sources said. The Canadian fund, managing...
Mar 24, 2025






