Asia Pacific

The Indian investor has taken enthusiastically to mutual funds. The mutual fund industry has soared from Rs. 16.46 lakh crore in December 2016 to Rs. 21.37 lakh crore in December 2017, investing more than Rs. 6200 crore a month...

Foreign investors have pumped in a staggering $3 billion (nearly Rs 18,000 crore or Rs 180 billion) into the country's capital markets this month so far on the expectation of recovery in corporate earnings and attractive yields. This comes following...

Baltimore-based investment management firm T. Rowe Price Group Inc (T. Rowe Price) has hired former BlackRock Asset Management (BlackRock AM) vice president (VP) of multi-asset solutions Wenting Shen as a solutions strategist for Asia Pacific (APAC). Wenting Shen Based in Hong...

CRISIL Research has launched India’s first index to act as a benchmark for performance of investments of foreign portfolio investors (FPI) in the fixed-income market, in both rupee and dollar versions. The composite index is constructed based on the regulatory...

WorkFusion announced that it was a winner of MetLife's collab 2.0, an open innovation platform designed to match new technology with business challenges within MetLife Japan. The initiative was run by LumenLab, MetLife Asia's Singapore-based innovation center. WorkFusion was selected...

NTUC Income (“Income”) and Fullerton Fund Management Company Ltd (“Fullerton”) announced today a proposed strategic partnership to appoint Fullerton as the investment manager of a portfolio of Income assets estimated at SGD23 billion. As part of the proposed partnership, FFMC...

SWIFT announce the release of a new discussion paper on the use of the financial messaging standard ISO 20022 for unifying FinTech. New technologies have been proliferating in the last decade and are already transforming conventional banking systems as...