04/23/2020
Investment management alliance announced
This was the second collaboration between BlackRock and BNP Securities Services as it was also a client of eFront Invest for asset servicing solutions, which was acquired by BlackRock in 2019.
Alternative Investments
04/23/2020
Singapore's GIC, Equinix in US$1 billion tie-up to invest in Japan data centres
The deal comes nine months after GIC and Equinix teamed up to invest in hyperscale data centres in Europe.
04/23/2020
China Everbright launches 20 billion RMB dual-currency green fund
The new Everbright Belt and Road Green Fund will mainly invest in projects related to the environment, energy, manufacturing and green living.
04/23/2020
Best, worst global equities funds in March quarter
Morningstar senior analyst Andrew Miles said the top five performers shared a quality growth style, while the bottom five performers in the category had a value bias.
04/23/2020
Boutique launches new Aussie equities fund
Culbert said it's a good time to launch the fund despite COVID-19 as other fund managers in the small caps category run out of capacity and the correction creates buying opportunities.
04/22/2020
Value Partners in onshore fund push
In total, foreign players have launched nearly 80 onshore funds in the mainland via the PFM route.
04/22/2020
Managed accounts use broadens
Blomfield said that as ETFs also become more utilised within managed accounts, the applicability of the structure is increasing.
04/22/2020
Fiducian acquires advice practice
The cost of setting up work from home protocols with secure IT systems was estimated at $435,000 which Fiducian said it funded from internal cash holdings.
04/22/2020
Tencent named in Gartner Market Guide for Cloud Workload Protection Platforms
Gartner's Market Guide for Cloud Workload Protection Platform is recognized as a leading global manufacturer evaluation guide of Cloud Workload Protection Platforms
04/21/2020
Global hedge funds post 10.46% investment loss in first quarter, Preqin says
Hedge funds focused on North America and emerging markets reported the largest losses of 12.52% and 13.83%, respectively, in the first quarter, while Europe-focused hedge funds posted a loss of 8.61%.
04/21/2020
Hong Kong’s Value Partners sees US$1.8 billion net outflow in first quarter
A Value Partners spokesperson points out that the three months to March was “one of the most challenging quarters”, when countries shut their borders and imposed strict conditions on travel and business to curtail the spread of Covid-19
04/21/2020
AMP Capital shutters global equities fund for platform investors
Applications, redemptions and transfers were suspended after the closure as the fund sells underlying assets.
04/20/2020
Aberdeen Standard global equities funds downgraded
It also said the team's nine-strong manager lineup with an average 18 years of experience would help mitigate the key-person risk.
04/20/2020
Keeping an eye on Chinese FDI
As a safeguard measure, the India government wants to scrutinise FDI originating from China.
04/20/2020
Keppel Capital secures new $299m for fund
Keppel Capital chief executive Christina Tan said the Covid-19 crisis is creating dislocations in the market and opportunities to invest in businesses with high growth potential.
04/20/2020
CBA Group Super posts -7.7% returns for March quarter
This uncertainty of economic outlook means we expect to see continued volatility in markets in the short term," CBA said in an investment update to members.
04/20/2020
Onshore fund approvals up in Q1
Foreign fund houses are increasingly launching onshore funds as China continues to open its financial services industry.
04/17/2020
HSBC readies bond funds for onshore investors
The HSBC Asia High Income Bond Fund is one of three similar products which the firm plans to distribute via the MRF scheme.
04/17/2020
Malaysia's Bank Islam unit launches robo-advisory service
Like with other robo-advisory services, the app can help investors identify and select investment products that suit their risk appetite.
04/17/2020
BlackRock raises US$5.1 billion for third energy infrastructure fund
The success of the fundraise reflects the search for diversified returns in a yield-starved environment, which continues to be front of mind for investors.