Asia

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  1. Alibaba tops the list of largest U.S. IPOs in history

    trueThursday's announcement that Alibaba Group raised $21.8 billion in its initial public offering made it the largest U.S. IPO of all time, topping Visa's $17.9 billion deal in 2008.

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  1. Old Mutual Global Investors adds head of Asian equities

    trueJoshua Crabb will join Old Mutual Global Investors as head of Asian equities, effective Oct. 1.

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  2. Malaysia's KWAP pension fund taps equity head as new CIO

    trueNik Amlizan Mohamed has been named chief investment officer of Kumpulan Wang Persaraan (KWAP), Malaysia's pension fund for federal employees.

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  3. AXA in advanced talks to sell Hong Kong pension fund unit

    trueAXA SA, France's largest insurer, is in advanced talks with bidders including Manulife Financial to sell its pension fund unit in Hong Kong.

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  4. AXA Investment Managers rounds out Asian fixed-income team

    trueHonyu Fung and Jason Pang joined AXA Investment Managers’ Asian fixed-income team in Hong Kong.

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  5. Nomura Asset Management announces China private equity joint venture

    trueNomura Asset Management Co. has formed a 50-50 joint venture in Shenzhen with Shenzhen Hua Xia Ren He Capital Management Co. to offer China-domiciled private equity funds and venture capital funds to domestic and overseas investors.

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  6. Franklin Templeton chooses first head of investment solutions for Asia

    trueSteven Moeller, a managing director with Franklin Templeton, relocated to Hong Kong from San Mateo, Calif., to take on the role of head of investment solutions, Asia.

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  7. Carlyle closes fourth Asia fund at $3.9 billion

    trueThe Carlyle Group closed its fourth Asia private equity fund at $3.9 billion, exceeding the fund’s $3.5 billion fundraising target, spokesman Christopher Ullman said in an e-mail.

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  8. Sovereign wealth funds move outside for specialist investments

    trueGrowing allocations to alternatives and multiasset strategies have left the sovereign wealth funds and national pension plans that dominate Asia's institutional investor landscape relying more on external money managers to manage their portfolios.

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  9. Threadneedle taps Samsung AM vet to lead new office in Seoul

    trueChris Chan Suk Lee joined Threadneedle Investments in Seoul as Korea chief representative with the London-based firm’s newly opened representative office there.

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  10. Eastspring Investments names new president/CEO of Japan business

    trueTsukasa Sekizaki has been named president and CEO of Eastspring Investments Japan.

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  11. South Korean companies required to enroll employees in retirement plans

    trueSouth Korea's government said it plans to ease rules on pension fund management and force all companies to enroll employees in private retirement plans by 2022 as it bids to improve incomes among senior citizens.

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  12. KKR adds managing director to focus on Indonesia

    trueJaka Prasetya joined KKR & Co. in Singapore as a managing director to lead KKR's efforts in Indonesia.

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  13. Orchid Asia closes sixth China growth capital fund at US$920 million

    trueOrchid Asia Group Management announced Thursday the hard close of Orchid Asia VI, the Hong Kong-based firm's sixth China private equity growth capital fund, at US$920 million.

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