Managers of Wealth Asia Pacific

Amundi HK set to launch FMP

How are fixed maturity products vulnerable during extreme global market turmoil?

Value Partners to add ninth onshore fund

The Hong Kong-based asset manager has added one more product for sale in China via the private fund management channel.

Australia superannuation funds cut value of unlisted assets amid market turmoil

Central banks around the world have slashed interest rates and introduced emergency measures as global markets are battered by the coronavirus pandemic, with major indices whipsawing from day to day.

Singapore asset manager ARA buys majority stake in UK’s Venn Partners

This is ARA’s second investment partnership in Europe after its acquisition of an unspecified majority stake in Scotland’s Dunedin Property Asset Management in July 2019.

Vietnam’s VinaCapital to shut down Singapore robo adviser Smartly

The company decided that Smartly "no longer aligns with our group's strategic objectives" after evaluating how much it would need to invest in the business to compete with rivals.

Saxo Markets launches Malaysian equities for investors

In addition, the Malaysian market can be traded from any account and currency, and Saxo also offers Malaysian Ringgit funding for people with a Malaysian Ringgit bank account to trade Malaysian equities and ETFs.

How have listed financials performed?

Commonwealth Bank was the ‘best’ big four bank with losses of 30% followed by Westpac at 41%, ANZ at 42% and National Australian Bank (NAB) at 43%.

Coronavirus may hit Singapore REITs harder than the financial crisis

With a 26% plunge, a gauge tracking them is heading for its worst quarterly drop since 2008 even though the firms offer the region’s highest yields.

Japanese overseas bond buying keeps dollar swap costs high before fiscal year end

At the Bank of Japan’s now daily auctions of dollar swaps since last week, only about $161 billion has been taken.

YES Bank fallout: Mutual funds cut exposure to AT-1 bonds

MFs’ investments in AT-1 bonds of public sector banks fell 6% to ₹21,330 crore in February

Dubai-based World Investments invests $258m in Australian Xinja Bank

World Investments already has significant equity holdings in banks across Europe and the Middle East

Carlyle raises 258 billion yen for fourth Japanese buyout fund

They will work closely with Kazuhiro Yamada, head of Carlyle Japan.

ARA Asset Management acquires majority stake in Venn Partners

Cornerstone and working capital provided to grow real estate credit platform globally

Will the fee-based advisory model gain ground in Asia?

Regulatory developments in Taiwan and China are worth watching as they can potentially influence the shift to fee-based models in the region, according to a Cerulli report.

Australia's pensions industry in urgent talks on coronavirus crisis changes

The source could not be identified because they were not authorised to speak to the media about the discussions.

AMP Life cops fine for administrative ineptitude

AMP Life delegated its reporting of over-the-counter derivatives transactions entirely to AMP Capital

Pictet fund increases Asia consumer exposure

The March sell-off is presenting further buying opportunities in Asian equities, according to Pictet AM.

Multi-asset Reits funds proliferate in Singapore

Allianz GI is the latest to join the trend of launching income-generating mixed-asset portfolios that have Reits as a key component.

Blue Planet raises US$25 million from Nomura

The company does this by measuring the success of waste management projects and technologies by combining positive financial output with environmental protection and social inclusion.

Thailand moves to boost bond market liquidity amid coronavirus turmoil

In addition, BoT will set up a special facility to support investment grade bond mutual funds and money market funds that face a liquidity crunch amid the global market turmoil.

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