Asia

Asia | 7 May 13

Proceedings have been filed in Queensland Supreme Court in Australia in connection with one of the funds managed by LM Investment Management, the beleaguered fund management group which filed for voluntary administration in March.

Asia | 3 May 13

Financial advisers in Singapore were the only group of advisers in a recent survey to report a fall in confidence in the global economy during the first quarter of 2013.

Asia | 3 May 13

ING has completed the sale of its Thai investment management business to UOB Asset Management, marking the company’s exit from another Asian country.

Asia | 29 Apr 13

Cazenove Capital Management has opened an office in Hong Kong, its first in Asia, having received licence approval from the Securities and Futures Commission.

Asia | 25 Apr 13

The Sovereign Group has acquired JLJ Group, an “integrated services provider” in China.