Managers of Wealth Asia Pacific

Another merger at First State Super

First State Super chief executive Deanne Stewart said the merger will benefit both funds.

Canadian insurer Sun Life sees Asia account for 25% of income by 2026, report says

Mr. Grepin says the company has ramped up its digital capabilities in Asia

Canadian wealth firm enters China’s private funds market

Montreal-headquartered company already directly holds a 13.9% stake in China Asset Management

Boutique mainland firm targets global investors

Hong Kong-based OPIM partners with emerging fund managers to help them tap global investors.

OPIM Partners with MPM Capital to Launch Marshall Precious Metals Fund SP

The Fund seeks to achieve medium and long-term capital appreciation by opportunistically investing in listed and unlisted gold and other precious metal mining companies globally.

India’s Banks Are Racing to Lend Against a $1.5 Trillion Hoard of Gold

Firms like HDFC Bank Ltd. and Federal Bank Ltd. are expanding the loans they make against the precious metal. India’s gold lenders, such as Muthoot Finance Ltd. and Manappuram Finance Ltd., are making it easier for their clients to borrow.

Hong Kong's Exchange Fund recovers in second quarter

According to Mr. Yue, the Exchange Fund’s bond portfolio achieved “decent return” in the second quarter as rate cuts and quantitative easing by major central banks drove up bond prices.

Thailand to sell as much as 30 billion baht of green bonds, report says

In the wake of the coronavirus crisis, Thailand’s parliament in May approved a 1.9 trillion baht economic support package for public health work and relief measures, rebuilding the economy and job creation, and soft loans to businesses.

Nippon Life AMC jumps on strong Q1 outcome

For the quarter ended 30 June 2020, equity assets contributed 38% to NIMF's AUM.

Banks ordered to reduce dividend payout ratios

It is also asking them to use dividend reinvestment plans and other initiatives to offset the diminution in capital from capital distributions where possible.

Janus Henderson lists new active ETF

The strategy invests in a diversified portfolio of mostly Australian income producing assets, with 443 securities on a look through basis at June end.

Ironbark restructures two funds

The second fund getting rejigged is the $65 million Ironbark LHP Global Long/Short Fund for which Ironbark has appointed New York based Apis Capital Advisors as the manager.

China’s Ping An, Japan’s Shionogi in US$466 million medical joint ventures

Ping An had 8.66 trillion RMB of total assets as of March 2020.

Talent Retention a Struggle for China’s Sovereign Wealth Fund

"There’s no doubt that CIC’s appeal to talent in the market has been declining."

Australia's Perpetual to buy majority stake in U.S.fund manager for $319 million

Perpetual said it expects the acquisition to triple its funds under management to A$92.3 billion from A$28.4 billion.

Korea's wealth fund KIC sets sights on commercial properties in Europe, China

The KIC's planned investments come amid rising office vacancy rates in the Chinese commercial hub of Shanghai and other major Chinese cities due to the COVID-19 pandemic.

Western Union expands Co-Operation with NongHyup

At the heart of what we do at Western Union is the ability to connect people, allowing them to move money around the world, often within minutes.

Aussie investors unhappy with pandemic performance

Performance is optimistic on a global level with 82% of global investors were satisfied with performance during the pandemic.

Grow Finance Group Expands Its SME Finance Platform With The Acquisition Of Australian Invoice Finance

AIF is a successful invoice finance business with experienced and dedicated staff around the country.

FSC reveals life insurance data

The data revealed the top cause of death claims for both men and women is cancer, however for men it accounts for 39% of all death claims and for women it accounts for a huge 61%.

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