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Asia Private Equity Weekly News - July 2
HONG KONG, July 2 - News and developments in Asia private equity from Reuters News for the week ending June 29.
Giant Japan public fund picks 6 asset firms to manage emerging market equities
TOKYO, July 2 - Japan's Government Pension Investment Fund, the world's biggest public pension fund, said on Monday it has selected six asset management companies to actively manage emerging market equities in its portfolio.
RPT-DEALTALK-BofA, Goldman among beneficiaries of Malaysia deal boom
* Petronas proposed Canadian takeover is Malaysia's biggest-ever deal
China banks took 29 pct of 2011 global profit - study
LONDON, July 2 - Chinese lenders accounted for almost a third of global bank profit last year, up from 4 percent in 2007, as they grabbed market share given up by struggling European peers, according to The Banker magazine's annual rankings.
DEALTALK-BofA, Goldman among beneficiaries of Malaysia deal boom
* Petronas proposed Canadian takeover is Malaysia's biggest-ever deal
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Lipper Award winners in other categories based on performance over the past 3, 5 and 10 years.
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Consumer spending stalls, morale at 6-month low
WASHINGTON - Consumer spending growth ground to a halt in May as auto purchases flagged, while confidence ebbed to a six-month low in June, the latest signs of trouble for the economy.
Property & Building gets deal to refinance HSBC Tower
JERUSALEM, July 1 - Israel's Property & Building said on Sunday it had finalised a deal with JP Morgan to refinance its borrowing on the HSBC Tower in New York in the amount of $400 million over 10 years.
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