Managers of Wealth Asia Pacific

Hong Kong's Exchange Fund recovers in second quarter

According to Mr. Yue, the Exchange Fund’s bond portfolio achieved “decent return” in the second quarter as rate cuts and quantitative easing by major central banks drove up bond prices.

Thailand to sell as much as 30 billion baht of green bonds, report says

In the wake of the coronavirus crisis, Thailand’s parliament in May approved a 1.9 trillion baht economic support package for public health work and relief measures, rebuilding the economy and job creation, and soft loans to businesses.

Nippon Life AMC jumps on strong Q1 outcome

For the quarter ended 30 June 2020, equity assets contributed 38% to NIMF's AUM.

Banks ordered to reduce dividend payout ratios

It is also asking them to use dividend reinvestment plans and other initiatives to offset the diminution in capital from capital distributions where possible.

Janus Henderson lists new active ETF

The strategy invests in a diversified portfolio of mostly Australian income producing assets, with 443 securities on a look through basis at June end.

Ironbark restructures two funds

The second fund getting rejigged is the $65 million Ironbark LHP Global Long/Short Fund for which Ironbark has appointed New York based Apis Capital Advisors as the manager.

China’s Ping An, Japan’s Shionogi in US$466 million medical joint ventures

Ping An had 8.66 trillion RMB of total assets as of March 2020.

Talent Retention a Struggle for China’s Sovereign Wealth Fund

"There’s no doubt that CIC’s appeal to talent in the market has been declining."

Australia's Perpetual to buy majority stake in U.S.fund manager for $319 million

Perpetual said it expects the acquisition to triple its funds under management to A$92.3 billion from A$28.4 billion.

Korea's wealth fund KIC sets sights on commercial properties in Europe, China

The KIC's planned investments come amid rising office vacancy rates in the Chinese commercial hub of Shanghai and other major Chinese cities due to the COVID-19 pandemic.

Western Union expands Co-Operation with NongHyup

At the heart of what we do at Western Union is the ability to connect people, allowing them to move money around the world, often within minutes.

Aussie investors unhappy with pandemic performance

Performance is optimistic on a global level with 82% of global investors were satisfied with performance during the pandemic.

Grow Finance Group Expands Its SME Finance Platform With The Acquisition Of Australian Invoice Finance

AIF is a successful invoice finance business with experienced and dedicated staff around the country.

FSC reveals life insurance data

The data revealed the top cause of death claims for both men and women is cancer, however for men it accounts for 39% of all death claims and for women it accounts for a huge 61%.

Sydney boutique winds up fund

The decision to shut the managed fund, which investors were informed about on July 16

Daiwa Mulls Accelerated Hong Kong Shift to Mainland

Even prior to the enactment of the national security law, Daiwa was planning to shift some operations to the mainland once its joint venture kicks off.

Shinhan Financial hands over leading bank title to rival KB in Q2

Hedge fund fiasco becomes game changer in top-tier competition

GBA Resources and Connectivity Still Short

Other shortcomings underlined included lacking channels for cross-border research and development funding, incompatible regulations and a lack of mutual recognition of professional qualifications.

Asia Profits Tank 73% as Earnings Season Kicks into High Gear

The coronavirus pandemic and social distancing have fueled growth of companies that cater to homeworking and online entertainment, and accelerated the demise of brick-and-mortar stores.

Nextgen takes aim at Asia, unveils expansion plans

Enterprise software distributor will enter regional market on 1 January 2021

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