Asia
axa sells hong kong based Ipac advisory firm
Axa Group is looking to sell those parts of its Hong Kong-based Ipac advisory company that it did not dispose of last year, as it seeks to bring to an end a nine-year affiliation with the self-described holistic lifestyle financial planner, market sources say.
india to open stock market to foreign investors
Foreign investors are to be allowed direct access to Indian equities, in a policy shift designed by the Indian government to increase the depth of the stock market and increase foreign inflows into the country.
guernsey signs tiea with India
Guernsey has signed a Tax Information Exchange Agreement (TIEA) with India, the 13th with a G20 member.
singapore based uob am fined
The Monetary Authority of Singapore (MAS) has fined UOB Asset Management S$50,000 for failing to issue monthly statements to its customers over a six year period.
nikko am extends asian reach with indian jv
Tokyo-based Nikko Asset Management has broadened its reach in Asia, with the announcement of a joint venture with Indian company Ambit Holdings Private Limited.