The Eurekahedge Japan Hedge Fund Index crossed the 200-point mark for the first time to reach its highest level on record, according to the index provider. »

Singapore Exchange (SGX) and The Philippine Stock Exchange (PSE) have entered into a Memorandum of Understanding (MOU) to cooperate in the development of Philippines-linked derivatives products. »

HSBC Private Bank has appointed Teddy Kwong as business head, Hong Kong, global private banking. In his new role, Kwong (pictured) will assume responsibility for HSBC’s private banking client coverage in the Hong Kong market. »

Axioma, a provider of tools for risk management and portfolio optimisation, and China Securities Index (CSI), a provider of equity benchmarks, are to collaborate on the design and launch of a series of strategy indices on China’s A-share market. »

Nomura, Asia's global investment bank, has appointed Scott Litner as a managing director, Jason Meyer as an executive director and Richard Oates as a vice president, increasing its US equity research distribution capabilities to clients across the Americas, Europe, the Middle East and Africa. »