12/29/2020
China Green Lights Daiwa-Backed Joint Venture
«Once the joint venture is established, we can do China business in China,»
Alternative Investments
12/29/2020
Korea’s NPS hires Russell Investments for US$1 billion global real estate mandate
The NPS has been increasing real estate investments in recent years as part of its plan to raise allocation to alternatives from 11.4% of total assets in 2019 to 15% by 2023 in order to diversify risk.
12/29/2020
Hong Kong’s CLSA buys majority stake in Japan’s Rise Consulting
The deal marks Sunrise Capital’s fourth investment this year, which includes the acquisition of Japanese fitness club operator Worldplus Inc. in August.
12/28/2020
Majority of FDI businesses in Vietnam report 2019 losses
Businesses from China and Hong Kong, among the top 10 foreign investors, have recorded low return on equity, while those from Australia, Brunei, Indonesia and Turkey reported losses.
12/28/2020
How better financial infrastructure can drive bond market development in Hong Kong and the region
Despite the government’s promotion of inflation-linked bonds (iBonds), green bonds, silver bonds and Islamic bonds in recent years
12/28/2020
China to leapfrog US as world's biggest economy by 2028 - think tank
China looked set for average economic growth of 5.7% a year from 2021-25 before slowing to 4.5% a year from 2026-30
12/28/2020
Malaysia’s EPF investment income jumps, sees danger from rising Covid-19 cases
Income for the first nine months of the year almost doubled to 44.61 billion ringgit from 23.33 billion ringgit in the same period of 2019.
12/28/2020
Australia’s Stockland in US$400 million logistics tie-up with J.P. Morgan Asset
The portfolio will be seeded initially with two properties in Melbourne which Stockland is buying from unnamed sellers for $110 million.
12/28/2020
Australia’s Stockland in US$400 million logistics tie-up with J.P. Morgan Asset
The joint venture will then acquire $300 million worth of assets from Stockland’s existing logistics portfolio and third parties by late next year.
12/28/2020
Alibaba antitrust fears worsen China tech giants selloff
Alibaba has shed more than US$230 billion from its peak, battered by the deepening scrutiny and allegations of monopolistic practices at the crown jewel of billionaire Mr Ma's empire.
12/24/2020
GLP launches 4.5 billion yuan China real estate fund
Fund will invest in logistics assets in GLP Park Lingang in Shanghai
12/24/2020
Challenger to enter term deposit market via ADI acquisition
The announcement said Challenger would initially focus on expanding MLMF’s term deposit offering by replicating the investment strategy used to support Challenger’s term annuity business.
12/23/2020
WealthNavi gives Tokyo Stock Exchange one of its biggest IPOs of year
Authorities have been promoting personal investment to make up for feared shortfalls in pension funds, with vast numbers of the population set to retire over the coming decades.
12/23/2020
New blank-check firms are hunting for fast-growing tech unicorns in Asia
A large number of IPO-ready tech unicorns in Asia are likely to rev up action, say bankers, lawyers and investors dealing with capital raisings and mergers.
12/23/2020
Beijing’s strong sense of crisis in Ant IPO postponement
Ant’s IPO suspension came days after a controversial speech made by the group’s co-founder Jack Ma at a forum in Shanghai on Oct. 24.
12/23/2020
Korea’s Shinhan BNP opens tender for 100 billion won bond mandate
Applications are open until December 28, and assessment and manager selection are scheduled to be carried out by January 31.
12/22/2020
APRA holds countercyclical capital buffer at zero per cent
In its annual information paper on the CCyB, APRA today confirmed it considers that a zero per cent CCyB remains appropriate at this point in time based on an assessment of the systemic risk environment for ADIs.
12/22/2020
QLD super funds advance merger
The two funds will have a combined member base 120,000 and total assets of $20 billion.
12/22/2020
ERS had little effect on funds: Research
The researchers used regulator data provided by APRA covering 71 different fund providers.
12/22/2020
Singapore’s GIC, US property investor Kennedy Wilson in US$1 billion UK logistics joint venture
According to Lee Kok Sun, GIC’s chief investment officer for real estate, the logistics sector continues to be an area of long-term focus for the fund.