Saudi asset management to remain strong in 2021: KPMG
The Kingdom’s asset management firms held $125.6 billion worth of assets under...
Asset Management
Singapore’s’ CapitaLand forms joint venture to grow asset portfolio
The joint venture will initially focus on Austin and Texas...
Jade Merchant Bank acquires 150,000-sq-ft property from BAE Systems
The property is suitable for both commercial offices and R&D space and...
Bahrain’s Investcorp invests fresh capital into China’s Kindstar Globalgene
The investment will bolster Investcorp’s recently rolled out investment platform in Chinese...
Insight Partners, Hustle Funds, Precursor Ventures ramp up fundraising
Precursor Ventures raised fresh capital to invest in a series of pre-seeded...
Taiwan’s Bureau of Labour Funds invites foreign investors for mandate bidding
The organisation will assign four managers for a global infrastructure securities mandate...
Chinese insurer Ping An raises $875 mn from GIC and others
The $875 mn funding are created from a strip sale of assets...
Temasek establishes new asset management entity worth $50 bn
Seviora will serve as an operational company for four of Temasek-owned firms...
Japan’s NEC to take over Avaloq for $2.2 billion
NEC, Japan’s IT major will take over Avaloq, a Warburg Pincus-backed software...
Sumitomo Mitsui to invest $25 mn in Affirmative Investment Management
It will invest $20 million in the asset manager and the remaining $5...