Managers of Wealth Asia Pacific

Value investing is not dead

“When we plot the relationship between quality and value for all MSCI World stocks, we see that it is possible to have value stocks with earnings certainty and low leverage, and vice versa, for growth names.”

Not so ‘sexy’ companies outperform in Asean

While the market is not dominated by tech leaders, investors can find growth opportunities in underpenetrated sectors, such as the consumer space.

Perpetual talent departs

The business blamed increasing outflows from its investment business and COVID-19 for the decline.

KB, K-Growth to select partners for social impact investing

Applications will be accepted until mid-November, and the chosen partners will be announced in late December.

When private equity is a force for good

Weijian Shan’s new book ‘Money Games’ is a breathtaking insider account of one of Asia’s toughest and most controversial financial rescues

Australia’s Energy Super and LGIAsuper plan A$20 billion merger

In a joint statement, the funds say they have signed an agreement for the merger and will commence due diligence to explore the benefits for their combined 123,000 members.

Japan’s Nippon Life invests in University of Tokyo’s 20 billion yen social bonds

The bonds were sold to domestic institutional investors, including Nippon Life, air conditioner manufacturer Daikin Industries, and Sumitomo Forestry.

Thailand firms to launch hotel private equity fund aimed at global investors

KTB Securities Thailand will manage the fund, and MFC will be the trustee.

China funds targeting Ant IPO rake in 60b yuan from over 10m investors

Ant Group, Alibaba Group's fintech arm, aims to raise about US$35 billion in a dual listing in Hong Kong and Shanghai's Star Market, expected in October, in what could become the world's largest IPO.

Australian unlisted property shielded from downturn

Zenith’s head of real assets and listed strategies, Dugald Higgins, said Australian unlisted property’s advantage was their slower valuation cycle.

Hong Kongers Losing Top Banking Jobs to Mainlanders

The trend is similar at the senior level with over half of such roles held by mainlanders, according to estimates from fellow executive search firm Wellesley.

Singapore REIT buys CPPIB’s stake in UK project for £430.6 million

Suntec REIT will have S$11.5 billion ($8.47 billion) worth of assets across Singapore, Australia and the UK with the acquisition, which is subject to approval from its unitholders at an extraordinary general meeting in December.

Indonesia to set up US$5 billion sovereign wealth fund, report says

She says the government plans to leverage the cash infusion to attract funds for investments totalling $15 billion.

Asia Pacific investors to raise exposure to private assets, poll finds

As such, they plan to raise their allocation to private assets to 11% from the current 10% by reallocating some of their cash holdings, with nearly three-quarters seeing it as a way to generate higher returns over the long run.

China’s CIC and two European firms form 600 million euro fund

This is CIC’s third fund created in partnership with foreign financial institutions over the last 13 months.

Banks Seek Fund Recovery From Ex-Singapore PM's Son

According to court documents, the $156 million was from drawdowns of trade financing between June and July 2019, which banks alleged were «non-existent or sham transactions.»

Validus to Offer Govt-Backed Loans to SMEs

Validus has disbursed over S$550 million ($405.44 million) in SME loans since its founding in 2015.

PSE plans new financial products for 2021

The PSE wants to increase this to eight with financials, industrials, holding firms, property, mining & materials, consumer, energy & utilities, and technology, media and telecoms.

MySuper reforms could have downsides

In May this year, Lonsec downgraded AustralianSuper from recommended to investment grade due to high staff turnover.

Ambani sells over $750 million Reliance Retail stake to Abu Dhabi Investment Authority

Founded in 2006, Reliance Retail serves more than 3.5 million customers each week (as of early this year) through its nearly 12,000 physical stores in more than 6,500 cities and towns in the country.

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