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E-commerce platform Bukalapak has partnered with online investment platform Tanamduit to introduce mutual fund products to first-time retail investors. The partnership will see local asset management firms Bahana TCW Investment Management, Batavia Prosperindo…
Palo Alto Networks is forming a $20-million security venture fund to provide early stage investments to fuel development of security applications for the Palo Alto Networks Next-Generation Security Platform. The fund will be aimed at seed-, early- and…
SBI Islamic Fund (Brunei) Limited, a joint venture between Brunei Darussalam’s Ministry of Finance and Japan’s Strategic Business Innovator (SBI) Holdings, is looking for opportunities to invest in Indonesia. SBI Islamic Fund (Brunei) Limited CEO Amran…
Apple has revealed plans to invest $1 billion in Japanese telecom behemoth SoftBank’s $100 billion technology venture capital fund. Apple will join a list of investors that are also expected to include Foxconn Technology Group and Oracle chairman Larry…
Goldman Sachs Asset Management (GSAM), the asset management arm of Goldman Sachs Group Inc, is making its foray into the local unit trust industry with the launch of 13 retail funds in 1Q 2016. The new GSAM unit trusts, previously available only to private…
Aiming to bring in more foreign funds into India, Reliance Capital Asset Management (RCAM), the funds management arm of Anil Ambani-controlled Reliance Capital, is launching a fund in South Korea for retail and institutional investors in the South Asian…
The Hong Kong fund industry saw net sales drop by almost a half in the first six months of 2015, new figures reveal. The Hong Kong Investment Funds Association (HKIFA) published data on Wednesday which cited a sharp fall in funds to $3.71bn (£2.38bn,…
