Managers of Wealth Asia Pacific

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.

Middle East expected to see more investment from China and east Asia, Savills says

Trade war between US and China could also impact how and where investments are made, according to experts

AMP Life awards mandate post acquisition

The sale was first announced in October 2018 with the completion date set for the second half of 2019.

Chant West, Zenith agree on acquisition

Chant West Holdings has 70 staff across offices in both Sydney and Melbourne.

Axa IM Adds Japan Assets to Portfolio

The acquisition is the firm's fourth residential investment in Nagoya and its 12th in Japan, where it has invested more than ¥16 billion in residential assets on behalf of clients.

Japan's SMFG brokerage arm to set up office in Abu Dhabi

Japanese brokerage firms are focusing more on their overseas strategies and are looking abroad to raise revenue

SGX to fully acquire BidFX

As part of its multi-asset strategy to build FX into another core pillar of growth, SGX first acquired a 20% stake in BidFX in March 2019, with the aim of bringing together FX futures with OTC markets.

Singapore-based Vanda Global Capital Reaches Agreement with Marsh

Vanda and Marsh are commencing work to deliver these services and offerings immediately to ensure that businesses have access to the advice they need to meet the current global challenges.

Malaysia pension fund EPF’s strategy chief calls for reform of social protection system

The report says the ageing process in Malaysia will occur at a similar speed as other Asia Pacific countries, including China, Japan, Singapore and Thailand, and at a much faster pace than in Australia and some European countries.

Philippine pension GSIS to start collecting loan repayments in July after extending moratorium

The Philippines has the third largest number of coronavirus cases in Southeast Asia after Indonesia and Singapore.

South Korea’s NPS, Allianz form US$2.3 billion property fund

NPS, the world’s third largest pension fund, had around $600 billion of total assets as of March 2020.

UAE Islamic Banks: 2019 Results Dashboard

The financing impairment charges/average gross financing ratio increased significantly and was more than 2x that of conventional banks due to increased write-offs of impaired financing and building up of higher provision levels against new impaired financ

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