Managers of Wealth Asia Pacific

Shanghai Leads Global IPO Rankings Despite Lockdowns

Behind Shanghai is runner-up Shenzhen Stock Exchange followed by Korea Stock Exchange which raised around $15.4 billion and $11.5 billion, respectively.

BNY Mellon Investment Management and Maybank Securities (Thailand) to form partnership for model portfolio services

ith the output and support from BNY Mellon IM, Maybank Securities (Thailand) will exercise its discretion to select and modify the appropriate portfolios for its eligible clients in the Thailand market as its system decides their risk profiles and volatil

Blackstone Completes Acquisition of Crown Resorts in the Firm’s Largest Investment to Date in Asia

As one of Australia’s largest entertainment groups, Crown makes a major contribution to the Australian economy.

Malaysia’s EPF warns soaring inflation, rate hikes will dampen global markets

“Inflationary concerns, supply chain disruptions and tightening of monetary policy by major central banks are likely to continue to dampen both the equity and bond markets,”

APRA publishes additional FAQs on Phase 1 of the Superannuation Data Transformation project

APRA has also updated Historical Data FAQ 1.0 to reflect a three-month extension to the due date for some types of investment options.

Apollo partners with Hostplus to launch $1.25 billion Asia Pacific Credit Strategy

Multi-sector, yield-focused mandate leverages Apollo’s origination and credit expertise in APAC Region

SMFG in Talks for SBI Stake

Bloomberg reported that representatives of SMFG and SBI had said nothing had yet been decided.

DBS turns unsecured loans into trade finance for SMEs

DBS intros data-analytics credit facility with the Hong Kong chapter of trade-standards provider GS1.

Wellington targets Hong Kong retail funds

The investment management firm launches four investment funds for local investors.

Australia BNPL Acquisition Deal Collapses

The market didn’t take the news well.

Korea’s Mirae Asset acquires Australia’s ETF Securities

The deal gives them the opportunity “to add instant scale in the Australian market”, and ETF Securities’ lineup of thematic, commodities and digital asset strategies also complement the “innovative and intelligent ETF solutions

ETF Securities acquired by Mirae Asset

“This acquisition underscores Mirae Asset’s continued commitment to maintaining industry-leading ETF businesses in key markets around the world and brings immediate scale to our operations in Australia.”

Japan’s Dai-ichi Life’s latest impact investment focuses on Africa

Dai-ichi Life had 37.46 trillion yen of total assets as of March 2022.

Singapore’s Frasers Hospitality Trust Proposes to Go Private

BofA Securities Inc., DBS Group Holdings Ltd. and Oversea-Chinese Banking Corp. are advising on the transaction.

S'pore resident buys entire floor of Suntec City Tower 2 for $38.8 million

The well-thought-out renovation also suited his immediate needs.

Leading wealth management marketers recognised

The two organisations to win multiple awards were Aware Super, Australia's third largest superannuation fund, as well as trading platform and superannuation fund, Superhero.

GIC Veteran Tapped by Yangzijiang Financial

The company acquired GEM Asset Management in April, which gave it entry into the fund and wealth management businesses and their potentially higher sources of recurring fee-based income.

Barrow Hanley Global Share Fund (managed fund) (Asx: Glob)

Barrow Hanley was part of Perpetual and a leader in global value investing.

IFA association launches in Australia

It is only interested in established advisers with a clean history.

CEO appointment fails to stem Magellan outflows

Global equities saw a decline of 7.3% month-on-month while Australian equities declined 8%.

Alternative Investments