Global Infrastructure Partners raises $5.64 billion, while Morgan Stanley Infrastructure Partners raises $4 billion. By Rita Raagas De Ramos | 13 May 2008
Abu Dhabi Commercial Bank pays $1.2 billion for the 25% stake in RHB Capital, Malaysia’s fourth largest bank. EPF’s stake will be cut from 82% to 57%. By Rita Raagas De Ramos | 13 May 2008
Goldman Sachs Asset Management will focus on improving the Korea Teachers Pension Funds’ risk-return profile as it ventures into equities markets overseas for the first time. By Rita Raagas De Ramos | 09 May 2008
The fund is aimed at facilitating more investments in developing Asian countries to address the causes and consequences of global warming, which is fast becoming a popular theme among fund managers. By Rita Raagas De Ramos | 09 May 2008
The firm’s new quantitative allocation model for Asia factors in variables such as currency, economic growth, and earnings forecasts. By Rita Raagas De Ramos | 09 May 2008
Lindman will take over from Alan Wren who has served as interim CEO since Ajay Srinivasan left Prudential in June 2007 to join the Aditya Birla Group in Mumbai. By Rita Raagas De Ramos | 08 May 2008
Li Kenan has resigned from First State Cinda to be reunited with ex-CEO of Colonial First State John Pearce in the Ping An Group. By Liz Mak | 08 May 2008
Cerulli Associates expects mutual fund assets in Southeast Asia to grow 17% annually over the next five years, a brisk pace compared to the more developed mutual fund markets but slower than their 31.4% growth in the 2002-2007 period. By Rita Raagas De Ramos | 08 May 2008
MBK Partners stands firm on its takeover offer which, as of April 30, had been accepted by 77.19% of AsiaPharm’s shareholders. Templeton remains opposed to the deal. By Rita Raagas De Ramos | 07 May 2008
HSBC Insurance is to spend HK$20 million on programmes that will help to raise awareness about retirement planning. By Rita Raagas De Ramos | 07 May 2008