Mutual Funds
Solas Fiduciary Services Further Extends its Expertise in Singapore amidst growing interest in VCC structures in Singapore
SINGAPORE, Aug. 28, 2020 /PRNewswire/ -- Solas Fiduciary Services (Solas) has
recently added two well-established fund industry experts into its professional
network as a premier provider of independent Fund Directorships and other
Fiduciary Services to Funds and Fund Managers.
iKala raises US$17M Series B to expand global footprint
TAIPEI, Aug. 19, 2020 /PRNewswire/ -- iKala
CanAm Enterprises Achieves Industry-Leading Milestone by Repaying USD 1.75 Billion to 3,500 EB-5 Investors
NEW YORK, Aug. 18, 2020 /PRNewswire/ -- CanAm Enterprises (CanAm), a leading full-service financial firm sponsoring EB-5 immigration-linked investment funds, today announced the repayment of$350 million from its All Aboard Florida Project, the largest single project repayment in history of the EB...
"LU HK" mobile app brings a new paradigm to online wealth management, with no entry barriers and no limits
HONG KONG, Aug. 10, 2020 /PRNewswire/ -- Lu International (Hong Kong) Limited ("LU Hong Kong"), a subsidiary of Lufax Holding ("Lufax"), has launched its LU HK mobile application, offering 24-hours-a-day, seven-days-a-week integrated wealth management services toHong Kong customers. Lufax is a l...
OPIM partners with Daniel Jim and the Pharus Group to launch a new advisory platform focusing on Asian strategies
HONG KONG, Aug. 7, 2020 /PRNewswire/ -- OP Investment Management Ltd. ("OPIM"), Asia's leading hedge fund platform, is partnering with Daniel Jim of Tripod Management and the Pharus Group inEurope to launch a new advisory offering aimed at assisting EU-based institutional investors with alloca...
Global X China Biotech ETF and Global X China Cloud Computing ETF Named the Most Innovative ETFs in Hong Kong by The Asset
HONG KONG, July 30, 2020 /PRNewswire/ -- Mirae Asset Global Investments (Hong Kong) Limited ("Mirae Asset") is delighted that two of its Hong Kong-listed exchange-traded funds (ETF), theGlobal X China Biotech ETF (2820.HK) and Global X China Cloud Computing ETF (2826.HK), have been recognized as ...
Metis Global Limited has won the "Excellence Award of Trustee Service" granted by Bloomberg Businessweek for the second consecutive year
HONG KONG, July 28, 2020 /PRNewswire/ -- Metis Global Limited ("Metis") is
proud to receive the "Excellence Award of Trustee Service" granted by Bloomberg
Businessweek for two consecutive years.
HKEX Welcomes Hong Kong's First A-share L&I Products
* First listings of A-share L&I Products in Hong Kong * Hong Kong ETP market volumes up 34% YTD HONG KONG, July 27, 2020 /PRNewswire/ -- Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to welcome today (Monday) the firstHong Kong-listed A-share Leveraged and Inverse Products (L&I P...
StashAway raises $16 million USD in its Series C funding round led by Square Peg
SINGAPORE, July 27, 2020 /PRNewswire/ -- StashAway, Southeast Asia's largest and fastest-growing digital wealth manager for both retail and accredited investors, has completed a$16 million USD ($22.3 million SGD) Series C fundraising round. Square Peg, the largest venture capital fund inAustrali...
New Development Bank successfully places RMB 2 bln bond in China Interbank Bond Market
SHANGHAI, July 8, 2020 /PRNewswire/ -- On July 6, 2020, the New Development Bank (NDB) successfully placed aRMB 2 bln bond in the China Interbank Bond Market, with a maturity of 5 years and a coupon rate of 3%. By issuing the Bond, the Bank completed the quota of itsRMB 10 bln Bond Programme regi...
FountainCap wins the Asset Management Company of the Year Award for the third consecutive year
HONG KONG, July 2, 2020 /PRNewswire/ -- FountainCap Research & Investment (Hong Kong) Co., Ltd. ("FountainCap") has again won the award for Asset Management Company of the Year -- China Offshore Equity Highly Commended from The Asset magazine'sTriple A Sustainable Investing Awards. FountainCap ha...
More than half of fund managers in Hong Kong expect their AUM to increase 11-30% in the next five years, finds KPMG and HKIFA
HONG KONG, June 9, 2020 /PRNewswire/ -- Hong Kong's fund management industry sees a positive outlook over the next five years, with 53 percent of survey respondents expecting growth of 11% to 30% in total AUM of their own business by 2025, despite potential challenges, according to a joint report...
HKEX Welcomes First Listing of Commodity L&I Product in Hong Kong Market
* First commodity L&I Product listed in Hong Kong * Complements HKEX's existing gold ETFs and further enriches product diversity HONG KONG, June 5, 2020 /PRNewswire/ -- Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to welcome today (Friday) the first listing of a commodity Leverag...
Chelsfield Asia Successfully Completes Final Close of Chelsfield Asia Fund 1 at US$362.5 Million Plus a US$150 Million Co-investment Commitment
HONG KONG, May 29, 2020 /PRNewswire/ -- Chelsfield Asia Limited, the Asian subsidiary of Chelsfield Group, an international property company based in the UK, announced the final close of its first Pan-Asia value-add fund, Chelsfield Asia Fund 1 ("CAF 1" or the "Fund") atUS$362.5 million. In ad...
Premia Partners celebrated strong return for China New Economy ETF and waived manager's fee for US Treasury Floating Rate ETF
HONG KONG, May 18, 2020 /PRNewswire/ -- Premia Partners the Asia ETF provider today released the following to share about a good news and a bold move: Dear Clients and Friends, In a few months it will be our fourth anniversary at Premia. While still the young David braving the world among the Go...
Manulife Investment Management acquires 49 percent in Mahindra Asset Management Company
MUMBAI, India, April 29, 2020 /PRNewswire/ -- Mahindra & Mahindra Financial Services Limited (Mahindra Finance) has today, completed the proceedings for divestment of 49 percent stake in its wholly-owned subsidiary, Mahindra Asset Management Company Private Limited (Mahindra AMC), to Manulife*, a...
Singapore's Endowus Offers Global Stock Index Fund Exclusively to CPF Investors
SINGAPORE, April 22, 2020 /PRNewswire/ -- Endowus.com said today that Central Provident Fund (CPF) members will now have a new option to invest their CPF into a fund that is managed by one of the world's largest passive fund managers. The newly included fund - Infinity Global Stock Index Fund - i...
Clarification of Press Release "Doo Holding Group Expands Global Blueprint with New Bahamas Office"
HONG KONG, April 16, 2020 /PRNewswire/ -- Doo Holding Group is issuing this press release to clarify its disclosure on the corporation's establishment of theBahamas office for its sub-brand Doo Prime Bahamas. In the press release, Doo Holding stated that the corporation had submitted its applic...
Qiming's Nisa Leung and Duane Kuang Named on 2020 Forbes Midas List
SHANGHAI, April 14, 2020 /PRNewswire/ -- Forbes today released the 2020 Midas List, a ranking of the world's top 100 venture capitalists.Nisa Leung and Duane Kuang, Managing Partners of Qiming Venture Partners, ranked at No.33 and No.69 on the list respectively. Since 2001, Forbes announces its ...
Singapore's MAS Awards RF Fund Management Registered Fund Management Company Status
SINGAPORE, March 3, 2020 /PRNewswire/ -- Singapore's RF Fund Management, a subsidiary of RF International Holdings, has unveiled that the Monetary Authority ofSingapore (MAS) has approved its application for the commencement of business as a Registered Fund Management Company on3rd February 2020....
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