Managers of Wealth Asia Pacific

JBIC to invest in Indonesian sovereign wealth fund

New fund will focus on infrastructure such as toll roads, seaports and airports

Four Magellan funds list on Chi-X exchange

Chi-X said the addition of the Magellan funds would offer a low-cost alternative for those seeking access to Magellan’s research and investment experience.

Investors back EMs for outperformance

The proportion of investors who thought emerging markets would be the best-performing asset class in the next 12 months rose 10% month-on-month to 60% and BofA said this was the preferred asset class by a “large margin”.

FAB opens Jakarta office to support MENA-Indonesia trade and investment

FAB Indonesia to facilitate investment flows between UAE, wider GCC and Egypt with Asia

Singapore bourse, China clearing firm may develop ETFs linked to ChinaBond indices

"This mutually beneficial partnership will facilitate deeper participation by foreign investors in China's bond market and advance the development of the Chinese domestic bonds market,"

Australia, South Africa Take On The Late Payments Fight

Five-day payment terms will be possible through Australia's new eInvoicing solution, the nation's Treasury announced recently.

Trade Insurance to Cover Japanese Bank Loans to Saudi Arabia

The three megabank lenders of MUFG Bank, Sumitomo Mitsui Banking Corp. and Mizuho Bank are among those expected to provide the insured loans to Saudi Arabia.

CSOP Hang Seng TECH Index daily (2X) leveraged product and CSOP Hang Seng Tech Index daily (-2x) inverse product to List on the HKEX

In light of more and more Chinese technology giants choosing Hong Kong as the secondary listing place, Hang Seng TECH Index was launched on 27 July 2020 to track the 30 largest technology companies listed in Hong Kong.

SBI opens cryptocurrency dealing desk

The acquisition is the latest big crypto play from SBI.

Redpoint wins $50m mandate

Redpoint fund manager partner GSFM's chief executive Damien McIntyre said the ongoing economic, social and health impacts of COVID-19 globally have reinforced the desire of many investors to consider investments focused on SRI.

AIA to launch income protection product

IP CORE sits at the lower end of the cost spectrum, next to the basic Income Protection Accident Only/Super Income Protection Accident Only cover.

Aviva sells off arm as new CEO takes action

The transaction is subject to certain closing conditions

Deal Activity in Asia - Pacific Declines 11% in November 2020, Finds GlobalData

Deal activity remained inconsistent across different deal types.

Financial stress climbs in Melbourne after second COVID wave

Super and retirement

RARE Infrastructure rebrands as ClearBridge Investments

ClearBridge is part of Franklin Templeton and operates with investment independence.

Avoid over-concentration in portfolios warns Cor Capital

The precious metals exposure acted as a counter-point for equity risk for rebalancing while the allocation to fixed income and cash meant the portfolio was prepared for recession and deflation.

Singapore may enhance VCC framework to draw single-family offices, report says

Permissible manager are those with a capital market services licence for fund management, or exempt financial institutions, or registered fund management companies.

Japan’s GPIF opens door to invest in Canada’s EDC green bonds

“We would like to leverage the success with multinational development banks in green, social and sustainability bonds partnerships in hopes to expand this to other platforms,”

Magellan fund restructure brings $13.5b to ETF industry

“Including this conversion, the industry’s market cap is now $92.3 billion, although, even without it, the industry rose to a record high of $78.7 billion.”

UOBVM, Credit Suisse raise over US$60m at impact fund's first close

UOBVM expects to complete the final closing of AIIF II next year, with a target of US$100 million to be raised in total.

Alternative Investments