Managers of Wealth Asia Pacific

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.

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.

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

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

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.

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.

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.

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.

GLP launches 4.5 billion yuan China real estate fund

Fund will invest in logistics assets in GLP Park Lingang in Shanghai

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.

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.

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.

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.

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.

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.

QLD super funds advance merger

The two funds will have a combined member base 120,000 and total assets of $20 billion.

ERS had little effect on funds: Research

The researchers used regulator data provided by APRA covering 71 different fund providers.

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.

Charter Hall buys David Jones flagship

The group's investment is $71 million held in a partnership with DVP, which together have secured a 5-year debt facility. CLW will fund its 50% from its existing available capacity.

Feature: How Labuan IBFC stayed on track throughout the pandemic

The industry's profitability grew by 43.7% to $190.5m mainly because of improved underwriting performance and better cost management.

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