Asian hedge funds finally enjoyed a solid month of performance for September, gaining 2.48 per cent according to Eurekahedge: their best monthly return since February 2012 when they gained 3.46 per cent. »

Assets under management of Asia Pacific exchange-traded products decreased marginally last week by USD237m and ended at USD119.5bn, according to figures released by Deutsche Bank. »

Private equity firms invested about USD2,521m across 97 deals in India during the quarter ended September 2012, according to a study by Venture Intelligence. »

BMO Global Asset Management has appointed Amit Prakash as head of wealth management products for Asia. »

New Silk Route, an Asia-focused private equity and growth capital firm founded in 2006 with USD1.4bn under management, has appointed William I Campbell as senior operating adviser. »

BNY Mellon has appointed Navin Suri as Asia Pacific head of intermediary distribution to spearhead the expansion of the company's distribution partnerships in the region. »

Yishan Capital Partners, the independent real estate investment and asset management firm with a sole focus on Southeast Asia, has formed two joint ventures with local partners in Indonesia, offering specialised platforms to invest and manage properties in the country. »

Morrison & Foerster has appointed Jeremy Hunt as a partner in the corporate practice in the firm’s Hong Kong office. »

The Asia Pacific exchange-traded product market recorded monthly cash inflows of USD2bn for the month of September, taking the YTD cash flows to +USD24.3bn or 26.6 per cent of last year’s end AUM, according to Deutsche Bank. »

Sumitomo Mitsui Trust Group is to brand the business under the new name of SuMi TRUST as a part of the international development. »