Managers of Wealth Asia Pacific

360 Capital wants to take Evans Dixon private

It said it had been discussions with David Evans since August, last year, including privatising Evans Dixon but that Evans had been unwilling to engage with 360 with respect to the strategies.

Thailand mutual fund assets to shrink over 10% from economic hit, report says

The mutual fund industry has seen a “sharp drop” as the pandemic drags on the economy, Mr. Vasin is quoted as saying in the November 4 report.

Vietnam’s SSI Asset Management, Daiwa Corporate Investment close third fund at US$100 million

The two firms launched their $28 million Vietnam Growth Fund in 2009

Pengana shutters income-focused fund

The major banks and many other traditional dividend payers have underperformed companies with lower dividend yields that do not meet the criteria for inclusion in the income fund's portfolio.

Chinese President Xi opens up to more trade deals and imports

Chinese President Xi Jinping said China will import more than $22tn (£17tn) worth of goods over the next decade.

Bendigo closes SmartOptions Super

SmartStart Super has around 20,000 members and $1.5 billion in assets under management.

Thailand’s NSF partners with Grab to collect retirement savings from riders, report says

NSF membership is voluntary but once signed up, members have to contribute at least 50 baht a month, capped at 13,200 baht.

Breakthrough STAR Market IPO to bolster A-share listings

As China’s first CDR issuer, Xiaomi-backed Ninebot shows way for other VIE firms to list in home market

Taiwan BLF’s September loss nearly erases eight-month gain

The funds started reporting gains in July as markets began to recover along with improving economic activities after global central banks embarked on monetary easing policies, including rate cuts and bond buying. Some central banks, including Taiwan&r

Pendal sees FUM decrease

Performance fees for the year totalled $13.4 million, $7.5 million higher than the PCP, thanks to outperformance by Australian equities.

BetaShares to launch 5 new ETFs

“Hundreds of thousands of Australian investors are today adopting exchange traded funds as a core part of their investment portfolios."

Australia central bank cuts rate to record low, expands bond buying

RBA said it would buy government bonds worth $70bn

Super funds bullish on hiring

Some of the skills in demand were in data (particularly investment data), project management, business analytics, risk and compliance, and investments (particularly asset class specialists).

BT changes adviser fee structure

If investors currently direct us to deduct and pay the OAF to their adviser, investors may wish to discuss this change with their adviser.

AMP introduces enhanced suite of insurers for clients of its aligned advisers

Existing life policies held by clients with insurers not on the APL will not be affected by the changes.

Trust strikes it rich with Ant Group

It bought nearly 44.6 million shares at $5.61 a share in a move that made the ecommerce group one of the biggest positions in its portfolio, which is currently worth just under £14.9 billion.

Frontier rebrands to reflect offering

The firm had also designed a new logo which represented the F of an efficient frontier-shaped curve.

Zenith Fund Awards celebrates excellence in funds management

Pendal was announced as 2020’s Fund Manager of the Year, also taking home a win in the Australian Fixed Interest category and nominations in the Multi Asset Diversified and Responsible Investments categories.

Acclime partners with Take5 People to provide regional HR and payroll services

Take5 People focuses on digitalisation of human resource management and provides comprehensive HR and payroll solutions for clients.

Edelweiss Financial Services Q2 results: Reports net loss of Rs 56 cr

The company is engaged in corporate and retail credit, wealth management, asset management, asset reconstruction and insurance businesses.

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