by Yohanes Obor | Sep 2, 2015 | Featured, Finance, Global Finance, News
TORONTO and BOSTON (Yosefardi) – Manulife Asset Management, the investment management arm of Manulife, generated more than CAD$9.9 (US$8.1) billion globally in net institutional new sales in the first half of 2015. “Manulife Asset Management has had a very...
by Yohanes Obor | Aug 26, 2015 | Featured, Finance, Global Finance, News
HONG KONG (Yosefardi) – HSBC Holdings Plc booked profit of $26 million in Indonesia in the first half of 2015 with profit before tax was $113 million. It reported that adjusted revenue in Indonesia rose 5.9% to $267 million from previous US$252 million. Gross...
by Yohanes Obor | Aug 21, 2015 | Finance, Global Finance, News
FLORIDA (Yosefardi) – The Templeton Global Income Fund invested 3.8% of its total net assets (US$1.032 billion) in Indonesia as of July 31, 2015. Investment in fixed income accounted for 81.7% while the rest invested in cash and other assets. In Asia, Templeton...
by Yohanes Obor | Aug 12, 2015 | Finance, Global Finance, News
SINGAPORE (Yosefardi) – Gallant Venture Ltd. (GV), an investment holding company controlled by Salim Group, suffered loss of S$42.75 million in the first half of 2015, widened from loss S$19.62 million in the same period of 2014. Revenue reached S$1.067 billion,...
by Yohanes Obor | Aug 7, 2015 | Finance, Global Finance, News
JAKARTA (Yosefardi) – United Overseas Bank (UOB) Limited, parent of PT Bank UOB Indonesia, booked net profit of SGD 764 million in the first half of 2015, declined 6% from SGD 813 million in the corresponding period of 2014. Net interest income rose 7.9% to SGD...
by Yohanes Obor | Aug 7, 2015 | Featured, Finance, Global Finance, News
TORONTO (Yosefardi) – Manulife Financial Corporation (MFC) posted insurance sales of US$24 million in Indonesia during the second quarter (2Q) of 2015 period. The strong growth in bancassurance sales being was largely offset by a decline in agency sales. For wealth...