Managers of Wealth Asia Pacific

Super funds bullish on hiring

Some of the skills in demand were in data (particularly investment data), project management, business analytics, risk and compliance, and investments (particularly asset class specialists).

BT changes adviser fee structure

If investors currently direct us to deduct and pay the OAF to their adviser, investors may wish to discuss this change with their adviser.

AMP introduces enhanced suite of insurers for clients of its aligned advisers

Existing life policies held by clients with insurers not on the APL will not be affected by the changes.

Trust strikes it rich with Ant Group

It bought nearly 44.6 million shares at $5.61 a share in a move that made the ecommerce group one of the biggest positions in its portfolio, which is currently worth just under £14.9 billion.

Frontier rebrands to reflect offering

The firm had also designed a new logo which represented the F of an efficient frontier-shaped curve.

Zenith Fund Awards celebrates excellence in funds management

Pendal was announced as 2020’s Fund Manager of the Year, also taking home a win in the Australian Fixed Interest category and nominations in the Multi Asset Diversified and Responsible Investments categories.

Acclime partners with Take5 People to provide regional HR and payroll services

Take5 People focuses on digitalisation of human resource management and provides comprehensive HR and payroll solutions for clients.

Edelweiss Financial Services Q2 results: Reports net loss of Rs 56 cr

The company is engaged in corporate and retail credit, wealth management, asset management, asset reconstruction and insurance businesses.

Hamilton Lane Opens an Office in Singapore, Expanding Presence in Asia Pacific

Singapore Becomes the Firm’s Fifth Office in APAC, Bolstering Long-Standing Commitment to the Region

CSOP AM’s CGB ETF becomes largest in Singapore

The inflows were driven mostly from institutions in Asia, as well as the US, according to the firm.

KKR Launches Renewable Energy Platform Virecent Infrastructure in India

New platform to own and operate a diversified portfolio of renewable assets in India

Is private equity the solution for diversification?

“As a component to an overall equity portfolio, what it can really do is dampen the volatility across the whole portfolio.”

Fidante Partners and aligned investment managers recognised at 2020 Zenith Fund Awards

While many fund managers have experienced net outflows during the pandemic, Fidante Partners, with our 15 aligned fund managers, enjoyed strong net fund inflows.

African Insurer Old Mutual to Expand Business in China

Old Mutual stuck with the partnership with China Energy Investment Corp., one of the world’s biggest power producers, after resolving ownership issues following a consolidation of the nation’s utilities.

Ares bids for AMP

While AMP gave no indication of the value of the offer, chief executive of Deep Data Analytics Mathan Somasundaram told Financial Standard it is likely in the realm of around $1.80-$2.00 per share.

UniSuper revises fees for TTR members

Under the Flexi Pension Balanced option for example, TTR members pay 0.40% per year but do not pay admin fees.

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

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.

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.

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.

Alternative Investments