Managers of Wealth Asia Pacific

NZ Super invests in Movac’s US$250 million technology fund

NZ Super is investing $70 million and government fund NZ Group Capital Partners is putting in up to $30 million, NZ Super says in a statement on September 23.

Malaysia’s fund industry assets up 2.54% in January-July on bond gains

Bond fund assets jumped 12.12% to 203.65 billion ringgit between January and July.

SMSF changes unlikely to mushroom new funds

Thorp says even though four members have been allowed, so far majority of SMSFs (93%) only had two or fewer members in 2017-18 according to ATO.

Fund seeks to internalise management

EDC said the change will eliminate all external fee payments and avoid perceived conflicts of interest which it says might exist within external management models.

Morningstar ratings tally for global equities

Six funds moved from silver to gold: Platinum Asia, Robeco Emerging Conservative Equity AUD, Stewart Investors W Worldwide Leaders, Stewart Investors W Worldwide Sustainability and T. Rowe Price Global Equity.

MLC cuts fees, commissions

Investors will also now receive a monthly fee rebate applied to all options excluding the cash fund.

BlackRock clamps down on work romances

BlackRock is urging its employees to disclose their involvement in office romances, as well as intimate relationships with anyone associated with the US$7.4 trillion asset manager, in a bid to crack down on conflicts of interest.

Ex-DBS Chairman Launches Venture Capital Firm

Altara intends to invest $3 million to $5 million in early-stage companies and has already investments Philippines digital bank Tonik, mobile-first consumer credit platform Stashfin and deep tech/AI startup Senseye.

Hedge fund Marshall Wace to open Singapore office

Move by $48bn asset manager follows strong growth and doubts on Hong Kong’s future

PE funds face array of appealing structuring options in Asia

Data from AVCJ underscores that there were around 565 PE companies in mainland China and Hong Kong at the end of last year.

Franklin Templeton readies two funds for HK

One is a global multi-asset fund with a focus on income, while the other is an unconstrained fixed income strategy.

Korea’s NPS, Singapore’s Keppel team up for infrastructure investments

According to the company, the partnership will also create potential opportunities to collaborate in other asset classes where it’s active, such as real estate, data centres, and new sectors such as seniors’ living.

AIA Singapore creates up to 500 new Career Opportunities for Fresh Graduates and Mid-career Switchers

“The programme is designed to equip candidates with sound financial and investment knowledge, which will enhance their employability as well as better serve the long-term needs of their clients.”

Super funds squander member money: Bragg

The New South Wales Senator proposed a roadmap to fix the system in three ways by: setting a clear objective of what superannuation wants to achieve; improving transparency of how members' money is spent; and lowering fees.

AMP Capital acquires infra tech fibre business VX Fiber

It partners with fibre owners such as local municipalities, real estate owners and utilities to provide an active infrastructure layer to efficiently operate the network and drive fibre adoption.

Malaysia’s EPF second-quarter investment income up 23% amid “tumultuous” markets

The EPF’s strategic asset allocation “served us well during the tumultuous first half of the year” when governments imposed lockdowns and closed borders to curb the spread of the pandemic, which disrupted supply chains and caused slowdow

Boutique extends GBST partnership

Warakirri Asset Management has extended its partnership with after-tax investment-focused service provider GBST for its superannuation clients to include international indices.

Insurance industry in Singapore extends support amid covid-19

"We are committed to ensure our customers remain protected during this challenging period"

AMP tops worst-performing super funds list

The best balanced funds were: WA Local Government's Sustainable Future (6.9% p.a.), AustralianSuper's Conservative Balanced (6.2% p.a.), IOOF's MultiMix Moderate (5.7% p.a.) and Public Sector Super's Income Focused (5.7% p.a.).

The sellside specialists who made a difference

Asset Benchmark Research announces The Best Individuals in Asian G3 bonds for 2020

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