Bill Hwang’s Tiger Asia Management LLC has pleaded guilty in a federal insider-trading case in New Jersey and is to pay more than USD60million to settle criminal and civil charges reported Fox News this week. »

The board of directors of Prologis has approved the sponsorship of a Japanese real estate investment trust (J-Reit) to serve as a long-term investment vehicle for modern logistics facilities developed by Prologis in Japan. »

Wells Fargo Global Fund Services has opened an office in Hong Kong, located in Wells Fargo’s existing local office in Central. »

LeapFrog Investments has appointed two new partners, both dedicated to growing the group’s portfolio of financial services companies in South and Southeast Asia. »

Assets under management of Asia Pacific exchange-traded products increased by USD3.1bn and ended at USD127.7bn last week, according to figures released by Deutsche Bank. »

Baring Asset Management has launched the Baring China Bond Fund, which aims to maximise total return over the long-term, consisting of income, capital appreciation and currency gains, by investing in China-related debt securities and Renminbi (RMB) denominated debt securities. »

The Asia Pacific exchange-traded product market recorded monthly cash inflows of USD1.9bn for the month of November, taking the YTD cash flows to +USD31.9bn or 34.8 per cent of last year’s end AUM, according to Deutsche Bank. »

General Atlantic has appointed Sandeep Naik as a managing director and head of the firm’s Mumbai, India office. »

EPFR Global-tracked China equity funds posted their second biggest weekly inflow year-to-date during the week ending 5 December as recent factory, retail and investment data showed the Chinese economy regaining momentum. »

S&P Dow Jones Indices has analysed the performance and trends of the equity and commodity markets over the past year, with a focus on Europe and Asia. »