South Korean industrial conglomerate Lotte Group has entered discussions with Tokyo-based Sparx Group to acquire a stake in Cosmo Investment Management, a Seoul-based investment firm majority-owned by Sparx. The move represents an attempt by a Korean chaebol to break into asset management in the wake of the Capital Market Consolidation Act. This legislation, which came into effect last year, removes cross-selling barriers and ownership... Read the whole story 
By Jame DiBiasio | 12 Jun 2008
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The Gam Star Frontier Opportunities portfolio is the latest to capitalise on the growing demand for Middle East investments. More
By Rita Raagas De Ramos | 12 Jun 2008
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KC Reddy will lead the fund house’s equities and fixed-income investment team. More
By Rita Raagas De Ramos | 12 Jun 2008
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Pimco Asia president Foong Hock-Meng says issuers should step up and take advantage of current market conditions. More
By Liz Mak | 12 Jun 2008
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Morgan Stanley is developing an integrated platform in India, which covers the full range of businesses the firm conducts globally. More
By Rita Raagas De Ramos | 11 Jun 2008
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HFG and Hana Daetoo discuss conditions in the Korean market and predict an increase in hedge fund specialisation. More
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The restoration of parliamentary democracy has cheered the fund management industry, but the new government is under pressure to address the market's structural shortcomings. More
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Hong Kong-based Ginger Capital offers a new hedge fund that will invest in global stocks with a longer-term bias.
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BNY Mellon snaps up an overseas custodial services mandate for Fortune SGAM's first QDII fund in China. QDII is a major growth opportunity for its line of business in China.
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The fund house says the current economic backdrop should provide a basis for stock prices to grind higher and it prefers more defensive markets such as the US and Japan.
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The global trust and corporate management services provider acquires Apes in Singapore to capitalise on government tax incentives for private equity firms.
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The volatile first quarter proved damaging for most hedge funds with an Asia-focused strategy, says HFR.
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US productivity numbers and Fed chairman Ben Bernanke’s support of a stronger dollar improves sentiment for equities worldwide.
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With most markets in the region down since the start of the year, Taiwan is becoming a popular theme for buyers of structured products.
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The Shaka Japan Fund will focus on the top 250 stocks in Japan and will be managed from New York.
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