Chinese insurer Ping An raises $875 mn from GIC and others
The $875 mn funding are created from a strip sale of assets...
Asset Management
Temasek establishes new asset management entity worth $50 bn
Seviora will serve as an operational company for four of Temasek-owned firms...
Japan’s NEC to take over Avaloq for $2.2 billion
NEC, Japan’s IT major will take over Avaloq, a Warburg Pincus-backed software...
Sumitomo Mitsui to invest $25 mn in Affirmative Investment Management
It will invest $20 million in the asset manager and the remaining $5...
Civitas taps into asset management and seeks growth
The company has consolidated all of its investment management activities under a new...
Singapore revamps fund structure to entice foreign investors
Christened as the Variable Corporate Companies (VCC), the latest framework will offer...