Managers of Wealth Asia Pacific

FWD Completes MetLife Hong Kong Acquisition

FWD will be renaming and rebranding the newly acquired businesses in the next few months.

Hong Kong’s ESR, Canada’s Manulife tie up to buy China logistics assets for 1.7 billion RMB

Toronto-based Manulife had around $900 billion of assets under management as of December 2019.

AustralianSuper throws weight behind SDG platform

The SDGs aim to achieve better outcomes for people all over the world by addressing issues like healthcare access, clean water scarcity and protecting the environment.

Edelweiss books Rs 2,819 cr pre-tax loss in Q4 on spike in provisions

Plans to bring PE as investor in wealth & asset mgt business; raise up to $200 mn in equity

DBS, Schroders launch multi-asset fund for retirement income planning

The distribution class offers intended payouts of 5 per cent per annum, while the accumulation class reinvests all potential coupons, dividends and capital gains back into the fund.

World’s largest pension fund loses $165 bn in worst quarter

Japan’s Government Pension Investment Fund lost 17.7 trn yen in three months ended March.

Insurance companies form alliance in Taiwan

Blockchain-based partnership makes life easier for customers with multiple policies

Temasek biggest shareholdings fall US$23.5 billion in three months

The government uses a formula that includes the expected long-term returns of all three entities to calculate the net investment return contribution, which helps fund the budget each year.

Japan’s Sumitomo Mitsui Trust opens US office

The company has three other overseas offices, in Hong Kong, London and Singapore.

In Announcement on the Completion of the New Manulife-ESR Joint Venture's Acquisition of PGGM's Real Estate Portfolio for RMB1.7 Billion

This transaction marks Manulife's first standalone industrial investment in China, demonstrating its commitment to growing its real estate exposure in the Asia Pacific Region.

Minimum investment amount for private equity funds forecast to rise

“The new rules will be able to go into effect in late July or early August,” an FSC official was quoted as saying by local newswire Yonhap News.

Mandates from superannuation funds slow

The Rainmaker Roundup report, which tracks mandates awarded by superannuation funds, says superannuation funds awarded a total of 382 mandates last year totaling about $40.6 billion.

UOB AM launches Reits fund in Taiwan

It will be the first fund in the market that focuses on Singapore-listed Reits.

FountainCap wins the Asset Management Company of the Year Award for the third consecutive year

The Asset is one of the most influential financial magazines in Asia, and this is the 11th year that it has given out the awards.

Mirae drops fees on Asian equities funds

Australian-domiciled vehicle's assets total $4.23 million while the underlying fund has about $1.2 billion.

QSuper culls comprehensive advice

The fund will continue to service existing comprehensive advice clients under the current service.

Apac set to grow AUM 10% a year

Online sales and sub-advisory mandates are driving Apac’s fund distribution growth, according to a Broadridge report.

SG Hiscock, Morgan Stanley launch global equity funds

The two funds aim to offer retail investors access to high-quality global equity strategies that have a track record of meeting investment needs such as capital growth, earnings visibility and reduced downside participation.

Singapore’s Clime Capital, SEACEF launch world’s first high-risk philanthropic fund

The fund will provide early stage capital-type financing for projects to transform from traditional to clean energy such as solar and wind, and energy storage.

Super for women under scrutiny

Verve chief executive Christina Hobbs said access to the Support Squad is free for members, Verve covers the cost.

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