All posts tagged "fund"
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736EnforcementSeoul Court Declares Lime Asset Management Bankrupt
Investors lost an estimated KRW 1.7 trillion. Lime Asset Management has a reported KRW 520 billion in debt, compared to just KRW 19 billion in assets, which will be liquidated.
February 24, 2022 -
819JapanTokyo to Establish Sustainable Energy Fund in March 2022
The Tokyo metropolitan government will invest JPY 1 billion in the fund, which will be operated by Looop Inc, as part of efforts to promote the development of renewable energy.
January 16, 2022 -
455KoreaFSC Korea Outlines Plans to Launch Second ‘New Deal’ Fund
A private fund manager will be selected to manage 20% of the fund, which will prioritise investment in carbon net zero initiatives and local New Deal sectors.
January 6, 2022 -
173Asia-PacificPhilippine SEC Issues Final Guidelines for ASEAN CIS Framework
In May, the Philippines became the fourth signatory to the ASEAN CIS Framework for cross-border funds after Malaysia, Singapore and Thailand.
August 22, 2021 -
366EnforcementMirae Asset Sues Shinhan Over Lime Fund Losses
Shinhan Bank has separately been ordered to repay up to 75 percent of investments it sold in Lime's credit insured funds.
April 22, 2021 -
206Asia-PacificBSEC to Form Market Stabilisation Fund with Unclaimed Dividends
Listed companies in Bangladesh have unclaimed cash and stock dividends worth about $2.5bn, which will be used to support the capital market.
January 14, 2021 -
899Korea
New Corporate Restructuring Fund Kicks Off in Korea, FSC Says
The fund is expected to serve as a stepping stone for the establishment of a more vibrant corporate restructuring ecosystem, the FSC said.
October 16, 2020 -
872FeatureS. Korea to Create $16.8bn ‘New Deal’ Fund Over 5 Years
The government will act as a subordinate investor, meaning that it (namely, taxpayers) will absorb up to 10 percent of any possible losses first.
September 7, 2020
