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Raiffeisen Capital Management, founded in 1985 and currently Austria’s largest asset manager with a 20 per cent market share and EUR32billion in assets, has launched
IK Investment Partners (IK) has acquired Asian company formations business the Offshore Incorporations group of companies from the Carlyle Group.
The intention is to create a world leading global trust and corporate services provider by merging the corporate service part of the Group, Acceptor and Credence Trust, with IK’s portfolio company Vistra Group (Vistra). Financials for the transaction were not disclosed.
Vistra is a leading provider of fund administration, trust and corporate services in Europe, with a strong financial track record.
The Offshore Incorporations group today comprises three specialist entities: Asia’s leading company formation specialist, OIL; one of the leading
A direct communications link between Chicago (pictured) and Newedge Asia’s Hong Kong-based trading data centre has been established by
Central Asset Investments, a Hong Kong-based Asia-focused multi-strategy hedge fund manager, has cut its losses
FRM Capital Advisors (FCA) – the seeding arm of Financial Risk Management, a leading London-based FoHFs group with USD9billion in assets – is planning to commit seed
Two units of New York hedge fund Och-Ziff Capital Management Group LLC are being sued by ex-employee, Zain Fancy, in Singapore reported Bloomberg this wee
Daiwa Capital Markets Hong Kong, part of Daiwa Securities Group Inc. is pleased to announce the appointment of Joost Lobler as Head of Sales for Asia (ex Japan) for its Global Asset Services product.
Global Asset Services offers fund administration, custody, trusteeships and a range of financial services to the alternative investment industry. Lobler will be based in Hong Kong and will be responsible for developing the client base in Asia.
Karl McEneff (pictured), Managing Director at Daiwa says: “The fast growing Asian markets offer tremendous opportunities for Daiwa. The Group is determined to expand its services to
Algorithmics, a provider of enterprise risk solutions, has launched Algo Strategic Business Planning, a product that provides a banks’ senior management with a comprehensive view of their operations, and the ability to stress, forecast and optimise over a range of possible changes in portfolios and key risk drivers at the enterprise level.
Algo Strategic Business Planning provides comprehensive decision support for those required to manage the complexities of a bank’s risk/return profile, now and over the planning horizon. Allowing the entire banks’ policies and strategies to be measured and analysed in terms of capital consumption, exposure, liquidity and profitability over
Paladyne Systems’ hedge fund solution Paladyne FastStart is experiencing record growth in the Asia-Pacific region and the company has outlined plans to expand its Hong Kong presence to meet this strong demand.
Since Paladyne FastStart was introduced in Asia-Pacific 15 clients, including Paridon Asia, Instinct Capital, and Gen2 Partners, have signed-up for this bundled offering.
"After our due diligence process we found Paladyne FastStart to be the solution for us that was capable of handling the complexity of our strategies, as well as the growth we anticipate in the coming months," says Robert van Paridon, CEO of Paridon Asia, a Singapore-based
A rise in interest rates is not the answer to rising inflation warns Lawrence Galitz of ACF Consultants, after UK Chancellor George Osborne predicted in his ‘Budget for Growth’ that inflation will rise to 5% this year before dropping to 2% in two years time.
Inflation has been creeping up slowly from 3.3% in November last year, to 3.7% in December, 4.0% in January and 4.4% in February.
In December, the rise in inflation was largely due to higher fuel, utility and food costs. In January the Office for National Statistics blamed it on the increase in VAT, with the
