Asia
China’s regulator continues fund house crackdown
The China Securities Regulatory Commission (CSRC) put 73 private fund firms under administrative supervision measures in the first half of this year after illegal or irregular activities were found.
Malaysian insurers to target Europe in Islamic finance push
Malaysia’s Islamic insurers are considering a move into Europe by targeting the continent’s growing Muslim population, an expert in Islamic finance has said.
Alternatives | 19 Aug 16
Aberdeen to target alternative investments in Asia
Known as an emerging markets specialist, Aberdeen Asset Management has been diversifying into alternatives and intends to push this asset class and multi-asset funds in Asia, said Andrew McCaffery, global head of alternatives and group head of solutions.
Axa, Allianz in bidding war over Asia bank distribution deal
Insurance giant Allianz and France’s Axa are locked in a bidding war to acquire the distribution rights to sell insurance products through Standard Chartered channels in Asia.
Lombard Odier partners with Filipino bank to grow in Asia
Global wealth and asset manager Lombard Odier has signed a strategic agreement with UnionBank to offer its investment solutions to onshore private clients in the Philippines in a move that further expands the firm’s footprint in Asia.