10/26/2020
Ninety One wins equity mandate
A $42 billion superannuation fund has awarded a mandate that targets Chinese equities to the newly rebranded Ninety One.
Alternative Investments
10/26/2020
China’s national pension fund keen to play ‘active’ role in Ant Group’s IPO
Shanghai Bund summit told that allocating shares to National Council for Social Security Fund will be like ‘allocating shares to the whole Chinese people’
10/26/2020
Banks may have to brace for heavy losses as commercial property prices plunge
During the 2008 great financial crisis, for example, such loan losses accounted for between 25% and 30% of total loan write-offs in the U.S.
10/23/2020
China wealth manager platform Lufax aims to raise $2.36 billion in U.S. IPO
The price of the stock is due to be finalised Thursday, the term sheet showed.
10/23/2020
Remote exams offered to Melbourne advisers
Further, exam administrator ACER will contact candidates registered for the November Melbourne metropolitan exam sittings to explain how they would like to sit the examination.
10/23/2020
Deutsche Bank in Talks with Tata to Offload Tech Unit
The Bonn-based technology unit generated revenue of 533 million euros ($629 million) in 2015, the latest annual figures available.
10/23/2020
Singapore CPF pension top-ups jump despite 16-year high jobless rate
The CPF deems it “encouraging” that members are adding to their retirement accounts even through the pandemic, according to Tan Chui Leng, group director of the fund’s retirement income group.
10/22/2020
Singapore pension system still best in Asia in Mercer’s 2020 global index
Other countries with the same grade include Australia, New Zealand and Switzerland. Netherlands and Denmark are the only countries with an A grade.
10/22/2020
Savills Investment Management announces launch of Japan Residential Fund II (JRF II)
The fund will seek to capitalise on Japan's ongoing urbanisation and demographic shifts towards smaller household sizes, which support high occupancy rates and rising tenant demand for quality multifamily units in Greater Tokyo and the major regional
10/22/2020
Asia Pacific health care benefit cost increases expected to jump by 8.5% in 2021, Willis Towers Watson survey finds
Sharp rebound follows a slowdown in cost increases this year as COVID-19 affected care utilisation and overall costs
10/22/2020
Taiwan’s BLF hires European, US firms for US$2.3 billion bond mandate
The mandate is benchmarked against the Bloomberg Barclays Global Aggregate Corporate USD ex Controversial Industry Index.
10/22/2020
FSI fund receives ratings boost
Minbatiwala said they took a more holistic view of the investment options available, considering total returns and long-term earnings growth, in addition to dividend income.
10/22/2020
Siam City Insurance becomes FWD General Insurance
FWD General Insurance is a part of the digital general insurance offering of bolttech, an international InsureTech business under the Pacific Century Group alongside FWD Insurance, reported the firm.
10/21/2020
MyState announces strong start to FY21
This followed the loan book’s strong growth in FY20 when it increased by 4.7% to $5.3 billion.
10/21/2020
Active fund returns exceed passive funds
As far as global shares were concerned, the percentage of funds outperforming index stood at 41.4% and 51.7% for the past three months and the past six months, respectively.
10/21/2020
Invesco winds down fund
Invesco is winding down a listed property fund for wholesale investors as it fails to achieve scale.
10/21/2020
China’s Ping An raises US$875 million for global private equity funds
The Ping An Global Equity Selection Fund is a fund of funds invested in a portfolio of buyout managers in North America and Europe, while the Ping An Global Equity Fund is set up to capture co-investment opportunities via the unit’s network.
10/21/2020
Hong Kong’s Value Partners’ assets plunge on fund redemptions
Value Partners’ operating profit tumbled 30% year-on-year to HK$114.7 million ($14.7 million) in the first half of 2020 because of increased market volatility, the company said in its interim results on August 13.
10/21/2020
OnePath takes over group insurance mandate
It's been widely reported recently that Shaun Smith, a former AFL player, won a $1.4 million payout from his insurer MLC as a result of suffering a serious concussion during his career.
10/20/2020
Dealer group competition to attract advice practices heats up
As dealer groups compete to attract planning firms to their bands, publicly-listed Centrepoint Alliance has urged them to look at long-term viability rather than reacting to short-term incentives.