Managers of Wealth Asia Pacific

AustralianSuper PYS fee under scrutiny again

Press said that although ASIC engaged with AustralianSuper on the matter the regulator found that the fund had not breached its obligations under the Corporations Act.

China's NCSSF is hiring custodians for the Public Pension Fund

Applications are open until July 17.

Nomura Publishes TCFD Report; Endorses UN Principles for Responsible Banking

Nomura committed to support the Task Force on Climate-related Financial Disclosures in 2018

Singapore Hedge Fund Gaining 27% Sticks With Asia Tech

Chang expects Asian and U.S. tech names to see more beats than misses in the second-quarter earnings season.

Bennelong swoops on LIC trading at discount

The LIC's board is currently weighing the offer.

Pendal winds back fees

The $3 billion Pendal Managed Cash Fund has been running since 1986 and invests in short-term money market securities issued by banks, corporations and similar local issuers.

Local investors pile into Taiwan dollar bond market amid Covid-19

Appreciating currency, widening credit spreads, rule change lure insurers away from Formosa bonds, ETFs

Philippines moves closer to launching first Reit

Ayala Land’s AREIT set to launch on PSE in early August, second Reit in the offing

Principal Asset Management introduces Heritage Series to help Malaysians achieve retirement goals

Principal Heritage Income Fund’s preference is higher income distribution, aimed at enjoying potential monthly payouts.

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

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