Latest News

Mirae Asset Global Investments has shelved plans to acquire a 70% stake in Jakarta-based NISP Asset Management. A spokesperson for...

New York Life Investments has signed a deal to acquire Dexia Asset Management for €380 million, ending a bidding process...

Pimco has launched the Pimco GIS Capital Securities Fund, investing in subordinated, hybrid and contingent convertible bonds. The largest bond...

Smith & Williamson Investment Management, based in London and with £14 billion under management, has reduced the holdings in its North...

Nearly one in 20 Singaporeans will be a millionaire by 2017, according to new estimates, and the city-state will have...

Dragon Capital, a fund management firm based in Vietnam, has launched an Ireland-domiciled Ucits fund to invest in Vietnamese companies...

Carol Wong will join Old Mutual Global Investors as managing director and head of distribution for Asia in November, having...

Aberdeen saw its assets under management fall £7.9 billion (€9.3 billion) in two months owing to withdrawals, market performance and exchange...

BlackRock's exchange-traded fund (ETF) business, iShares, is to close 15 equity and commodity ETFs, citing low investor demand. The funds...

While many fund managers contemplate how they had come to believe so strongly in Federal Reserve tapering, which then did not...