09/01/2020
Asia markets fall as investors struggle to maintain momentum
The Dow also advanced to erase all its losses for the year to date.
Alternative Investments
08/31/2020
Europe's Privium Fund Management opens Singapore office on September 1
The Singapore office will work on both domestic and international fund launches.
08/30/2020
Ping An Insurance sees Hong Kong as pivotal base for expansion in Greater Bay Area, co-CEO says
Ping An intends to house the business of its Hong Kong subsidiaries and lease out extra space to other third parties for long-term investment income, Tan said in a phone interview with the South China Morning Post earlier this week.
08/30/2020
Hedge funds chafe at extension of South Korea’s short-selling ban
Seoul’s financial watchdog says restrictions will remain until March 2021
08/28/2020
Thailand’s Government Pension Fund to boost foreign investments, report says
Ms. Srikanya, who was appointed as secretary general of the GPF earlier this month, describes the plan to step up foreign investments as a “continuation of the fund’s recent strategy”.
08/28/2020
AMP may need to do more to mend culture, grow earnings after high-profile exits
AMP "will continue to go through significant disruptive change.
08/28/2020
What underpins Ant Group’s 30.2% net profit margin?
Digital payments/merchant services and SME/consumer loans represent the two major revenue streams
08/28/2020
China Life posts lower return, trims exposure to bonds and stocks
According to Stella Ng, director for insurance at Fitch Ratings, China Life increased its fixed-maturity assets such as cash equivalents to alleviate investment risk and improve liquidity.
08/28/2020
Alibaba pauses investment in Indian startups
It could affect the fundraising plans of Paytm, Zomato and BigBasket
08/28/2020
Evans Dixon reports $30.5m loss
"The effects of the COVID-19 pandemic have resulted in significant disruption to global financial markets and heighted uncertainty for the global economic outlook,"
08/28/2020
Northern Trust races up custody league tables
NAB Asset Servicing moved from being the second-largest at December end to fourth-largest now.
08/28/2020
Magna Praxis is Rebranding to Acclime
The objective is to improve our services to our Clients in terms of geographic coverage, service offerings, and expertise.
08/27/2020
Great Eastern Partners Telco for New Insurance Products
The new insurance products, underwritten by Great Eastern
08/27/2020
Japan Securities Finance buys 10% stake in Indonesia bourse’s unit
“The investment in PEI is as part of the company’s plan to contribute to the sustainable development of the Indonesian securities market,”
08/27/2020
SGX to Offer Free Analytics to Facilitate UMR Preparation
In-scope entities are subject to a mandatory exchange of initial margin (IM) with their counterparties for their bilateral OTC agreements over the USD 50 million IM threshold per counterpart.
08/27/2020
Vanguard to shut institutional offices in Hong Kong, Tokyo
The move follows a decision made earlier this year to focus the company’s international business on its core individual investor client segment.
08/26/2020
Melbourne boutique wins Crestone allocation
Conscious was started by former Goldman Sachs investor Matthew Tominc late last year, with Channel Capital as its distribution partner.
08/26/2020
Canada pension fund CDPQ, Australia’s LOGOS buy Melbourne property
The centre will be transformed into a 120,000 square metre logistics asset, and the entire site will be named LOGOS Broadmeadows Logistics Estate. Sydney-based LOGOS will be the project manager and developer.
08/26/2020
Singapore’s GLP unveils 280 billion yen Japan property fund
GLP, which entered Japan in 2002, now manages $19 billion of total assets in six Japanese real estate investment trusts and property funds, including the new fund.
08/26/2020
Macquarie introduces new wrap cash fee
An interest rate for the cash accounts of 0.25% per annum will be paid to wrap clients after the 0.44% investment fee and the new 0.29% administration fee have been deducted.