10/29/2020
Australia’s State Super hires Ninety One for China equity mandate
The strategy has a portfolio of 30-50 Chinese companies with strong quality, earnings, value and technical characteristics
Alternative Investments
10/29/2020
Singapore’s Temasek, Google to buy stake in Indonesia’s Tokopedia for US$350 million, report says
Temasek had a net portfolio value of S$306 billion ($225.11 billion) as of end-March.
10/29/2020
New super benchmarking flawed: Rice Warner
Rice Warner said that while everyone agrees underperforming funds and products either need to be improved or removed from the system, the proposed new means of measuring are not the ideal way to weed them out.
10/29/2020
Link rejects revised offer
The consortium has upped its bid from $5.20 per share to $5.40 (via a scheme of arrangement), which Link was not satisfied with.
10/29/2020
Evans and Partners looks to delist LITs
Fund accounting will change from Evans-owned Australian Fund Accounting Services Pty Ltd to Mainstream.
10/29/2020
HKEX Welcomes First Hong Kong/Mainland ETF Cross-Listing
Hong Kong Exchanges and Clearing Limited (HKEX) has announced that it has welcomed the first listings of Exchange Traded Funds (ETFs) in Hong Kong and Shenzhen under the Hong Kong-Mainland ETF Cross-listing Scheme, which facilitates cross-listing of ETFs
10/29/2020
Nomura Reports Second Quarter Financial Results
For the six months to September, Nomura reported net revenue of 829.7 billion yen (US$7.9 billion), up 16 percent from the same period last year.
10/28/2020
Chinese corporate bond defaults seen rising in 2021
Private companies face higher financing risk than state-owned peers
10/28/2020
Matthews Asia reduces OCFs across all UCITS equity funds
Following ten-year anniversary of fund range
10/28/2020
Endowus launches Fund Smart for Singapore Investors
Endowus, a leading Singaporean digital wealth management platform, has announced the launch of their new investment solution — Fund Smart.
10/28/2020
Nikko and ICBC to list Singapore’s first China bond ETF in November
Tokyo-headquartered Nikko Asset Management had US$235 billion of total assets as of June 2020.
10/28/2020
HUB24 to acquire Xplore, offloads Paragem
HUB24 announced a series of significant transactions, including plans to acquire Xplore Wealth and the sale of its financial advice business.
10/28/2020
Northern Trust scores win in Vanguard reversal
Northern Trust Asset Management has snagged a $5 billion allocation as Vanguard reverses from special mandates in Australia and New Zealand.
10/28/2020
Pinebridge preps bond fund launches in HK
The US-based asset manager has gained authorisation from the Securities and Futures Commission (SEC) to sell two fixed income products to Hong Kong retail investors.
10/27/2020
Sompo Asia transforms and enhances its insurance pricing platform with Willis Towers Watson
Developed specifically for insurers, Radar Pricing Suites, which include Emblem and Radar Base, have revolutionised how the industry assesses and implements pricing and underwriting decisions
10/27/2020
Insurance strategy in Asia: Using programmatic M&A during the pandemic
During the global financial crisis of 2008, Asia-based insurers used M&A to consolidate and build scale, diversify and expand into new offerings, and optimize their geographic reach.
10/27/2020
Korea Post seeks managers for 60 billion won venture capital mandate
Korea Post has been investing in venture capital funds for around ten years.
10/27/2020
Affin Hwang AM Launches Global Disruptive Innovation Fund
Unlike a typical technology fund, the newly launched wholesale feeder growth fund provides investors with the opportunity to truly participate in disruptive innovative and capture early-stage disruptors.
10/27/2020
HSBC named as custodian of first ETFs under Hong Kong-China cross-listing scheme
The partnership with the two ETF providers “strengthens our commitment to continuously work closely with market players in providing access to global investors in this region”, he says in a statement on October 23.
10/27/2020
Which Aus equities led the way after nine months?
One Australian equity fund has managed to return 24.1% by buying and short selling Australian listed securities and derivatives.