Prudential Unit Trusts Bhd has now been operating in the local mutual fund industry for two years and is fast becoming one of the major players to be reckoned with. Daljit Deshi interviews its CEO Mark Toh.
MORE brokerage firms are showcasing their selection of companies and stocks these days, organising overseas investment roadshows and sometimes bringing along representatives from these companies to meet prospective institutional investors.
Cheung Kong (Holdings) Ltd, the property group controlled by Asia's richest businessman Li Ka-shing, has launched a US$400mil real estate fund in Singapore, offering investors a pre-tax yield of 7.9% to 8.2%.
ONCE the first port of call on every shopping trip, Australia's department stores are struggling to keep up with fickle shoppers who want to be sun-kissed surfers one minute and sultry gypsies the next.
WPP Group plc has seized control of troubled smaller rival advertising firm Cordiant Communications Group plc, but jilted rivals and Cordiant#8217;s largest shareholder may still be in a position to make WPP pay dearly.