Managers of Wealth Asia Pacific

Hong Kong Gets Zero Fee Trading in Blow to Struggling Brokers

The move could have a knock-on effect across the sector, putting pressure on rivals who are already suffering under thin margins.

South Korea's POBA seeks managers for US$50 million China mandate

Applications for the new mandate are open until July 22 and the pension fund will evaluate candidates later in the month.

Australia’s Media Super and Cbus Super in A$60 billion merger

Australia has around 500 superannuation funds with A$2.7 trillion of total assets as of March 2020, according to figures from the Association of Superannuation Funds of Australia.

Malaysia's EPF sees ESG as "definite need", to actively direct firms on improvements

The EPF had 924.75 billion ringgit (US$217.04 billion) of assets under management as of end-2019, and over 7.4 million members.

Japan’s Dai-ichi Life buys Henkel’s US$68.9 billion ESG bonds

Dai-ichi Life has been promoting ESG investments and actively investing in green and social bonds.

Singapore’s Temasek portfolio may be worth over S$300 billion, CEO says

She says the announcement of the results will be delayed from July to September, mainly because of social distancing and quarantine measures to curb the spread of Covid-19, the disease caused by the coronavirus.

Cbus, Media Super start due diligence

Media Super chair Gerard Noonan said the joint agreement will give its members the benefits of scale.

Macquarie tops mandate league tables

By asset classes, alternatives took a 51% slice of all mandates appointed in the period, followed by equities (28%).

State Street cuts fees on flagship equities funds

The fee change comes after State Street reduced the fee of the State Street Multi-Asset Builder Fund 12 months ago and highlights the firm's continuous focus on offering value to investors.

Powerwrap to merge with Praemium

Praemium has $140 billion in funds globally with over 1000 clients.

Praemium, Powerwrap merger follows decade-long courtship

Powerwrap's board has unanimously recommended shareholders approve an offer from minority shareholder Praemium to acquire the remaining 85 per cent of shares in a transaction first reported by The Australian Financial Review's Street Talk column

China mutual fund assets jump 20% in January-May, Fitch says

MMFs, which are mainly distributed in China via electronic platform under e-commerce giants such as Alibaba Group, have been the largest fund type in the country since 2015, accounting for over half of overall mutual fund assets.

Asian high-yield bonds expected to remain a draw for investors

Shaw Yann Ho, head of Asia fixed income at J.P. Morgan Asset Management, advises investors to look at a bond manager’s long-term track record instead of just chasing short-term performance trends.

Japan’s GPIF investments hammered by stock losses

The results are not unexpected given GPIF’s high exposure to stocks, according to Teruki Morinaga, director for insurance at Fitch Ratings Japan.

Interactive Brokers Group Opens Singapore Office

Interactive Brokers Singapore Established to Serve Traders and Wealth Managers in Rapidly Growing Financial Hub

Amundi and OCBC co-brand for mixed-asset product

Several other firms in Singapore are also expected to launch multi-asset products.

Acclime strengthens its presence and service offering in Singapore with the acquisition of Jai Financial

Following the acquisition, JaiFin will continue to work with its clients with the support of Acclime Group's resources while contributing its specialised skill sets to the group.

BT un-aligns group insurance, awards mandate

The Regulatory Change Expense Recovery fee is designed to help BT cover the costs of government reforms impacting super funds.

Singapore funds industry anticipates robust growth with VCC incentives

We're now also seeing a lot of foreign interest in Singapore

Taiwan's BLF opens tender for US$2.3 billion global corporate bond mandate

The five winning bidders will each oversee $460 million of investments.

Alternative Investments