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Author: mc

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PCCW Media’s OTT video service, Viu, has achieved four million unique users just one year after its launch. Reputedly a game-changing video platform for Asian premium content, Viu is launched in the Philippines today as part of its regional expansion, offering viewers easy access to content on the web and on mobile while on-the-move.

PineBridge Investments, a leading global multi-asset class investment manager, released its 2017 Global Investment Outlook, a comprehensive analysis and preview across asset classes of the opportunities and risks for investors in the year ahead.

PineBridge Investments, the global multi-asset class investment manager, announced the appointment of Gregory A. Ehret as Chief Executive Officer, effective January 25, 2016. Mr. Ehret joins PineBridge from State Street Global Advisors, the investment management arm of State Street Corporation, where he served as President and a member of the Executive Management Group.

Hong Kong quadruple-play group PCCW has entered into an agreement to acquire a controlling majority interest in Vuclip, a mobile video-on-demand (VoD) service platform that operates in six countries and claims over seven million mobile-based subscribers per quarter.
Fintech startups in Asia might see an influx of new cash in the coming years. Nova Founders Capital, an Asia-focused VC firm created by Rocket internet alumni Mads Faurholt-Jorgensen and Raphael Strauch, has announced it just received a US$50 million investment from Pacific Century Group, an investment company founded by Richard Li, son of Hong Kong’s Li Ka-Shing (aka “Asia’s richest man”).
Reinsurance company Swiss Re is investing up to US$425 million to acquire a minority stake in FWD Group, the insurance business that Richard Li Tzar-kai's Pacific Century Group bought from ING last year.
HONG KONG—ING Groep NV confirmed Friday that it will sell its Hong Kong, Macau and Thai life-insurance units to Richard Li for $2.14 billion in cash, marking a return to the industry for the Hong Kong-based businessman.