Asia
singapore life insurance sales slow
Sales of insurance products in Singapore slowed to a year-on-year increase of 18% in the third quarter of 2011, after posting a 38% leap in the first half, the Life Insurance Association of Singapore has reported.
nikko am plans tokyo flotation
Nikko Asset Management, the Japan-based fund manager which is seeking to expand its footprint in southeast Asia, plans to list on the Tokyo Stock Exchange next month.
prudential rebrands asia asset management arm
Prudential is re-branding its Asia asset management operations Eastspring Investments, as it plans to expand its offering in Europe and Asia and to enter the North American market.
manulife to enter cambodia market
Canadian insurance giant Manulife said it has received approval in principle from Cambodias Ministry of Economy and Finance to set up a wholly foreign-owned life insurance operation in the country.
citi and bosera unveil china balanced
Citigroup First Investment Management and Bosera International have teamed up to launch China Balanced, a Cayman Islands-domiciled unit trust investing in China-related equities and bonds.