10/19/2020
SPACs are the hot new thing for private equity
Other leading private equity names associated with the boom for blank-cheque acquisition vehicles include TPG Capital, Thomas H. Lee Partners and Riverstone.
Alternative Investments
10/19/2020
Shenzhen Bourse Apologizes for Trading Glitch
Due to the lack of trading confirmation, some had made multiple orders due to concerns that none were received while others claimed that they were unable to sell shares in a timely manner.
10/19/2020
Japan's September export decline slows as shipments recover
That still meant the pace of contraction in exports eased following six months of double-digit declines, including a 14.8 per cent drop in the previous month.
10/19/2020
Commentary: Gold may have lost some of its shine but don’t write it off just yet
Although the price of gold has come down from an all-time high of more than US$2,000 in August, it has the potential to rise, says The Smart Investor CEO David Kuo.
10/19/2020
Resimac turns up with the heat with interest rate cuts of up to 30 basis points
“The latest industry figures show strong activity in the home loans space. Borrowers are keen to take advantage of low interest rates and they’re hungry for great home loan deals.
10/19/2020
BT terminates two funds
The spokesperson added that the funds have delivered above benchmark performance after fees since inception.
10/19/2020
DE Shaw to open Singapore office
Elsewhere, the firm has also been growing its business in China.
10/16/2020
Indonesia fund assets lose nearly 6% in January-September as pandemic hits stocks
Bond funds dropped 1.1% to 120.66 trillion rupiah over the nine-month period, but gained 6.07% between July and September.
10/16/2020
Australian Unity launches new fund
Australian Unity has launched the Australian Unity Future of Healthcare Fund aiming to increase the wellbeing of all Australians by investing in the future healthcare needs of the community.
10/16/2020
Singapore Variable Capital Company (VCC) Current Standing Survey
VCCs are required to appoint a Singapore domiciled fund manager who is regulated by the MAS.
10/16/2020
Multi-boutique adds investment firms
Gyrostat is an independently owned asset manager which focuses on risked managed investing.
10/16/2020
About Half of Global FX Market Exposed to Settlement Risk
Approximately 31 percent can be attributed to “related party trades” and “give-up trades of prime brokers” – trade types not usually sent to CLS.
10/16/2020
InFocus: Financial advice crucial for Australia’s economic recovery
The FSC has welcomed the pragmatic approach taken by ASIC as the sector responds to the needs of consumers during these difficult times.
10/15/2020
HSIM to list first ETF under HK-China connectivity scheme
Hang Seng Investment Management will be listing a feeder ETF in Hong Kong that will invest its assets into the Shenzhen-listed Harvest CSI 300 ETF.
10/15/2020
Aquila Capital Sets Up APAC Hub in Singapore
New chief Lenz has been in the renewable energy sector since 2007.
10/15/2020
Korea Post seeks managers for US corporate bond mandate
The newest mandate will be benchmarked against the Bloomberg Barclays US Corporate Bond Index, Korea Post says in a request for proposal on October 14.
10/15/2020
Singapore bourse may list New Zealand dairy derivatives in 2021
If approved, they expect to list the contracts on SGX as early as the first half of 2021.
10/15/2020
Singapore’s GIC invests in US self-storage firm StorageMart
The wealth fund has now invested in at least three US companies thus far this year.
10/15/2020
Mirae Asset’s trust deposits for pension funds exceed W8tr
The company’s TDF products, for instance, attracted 400 billion won from individual investors to attain 1.6 trillion won in trust deposits, according to the asset management firm.
10/14/2020
StanChart Eyes Mainland Brokerage Business
Standard Chartered is reportedly applying for a brokerage license in China, joining its peers in the wave of foreign entry into the mainland market.