Managers of Wealth Asia Pacific

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.

Value Partners in onshore fund push

In total, foreign players have launched nearly 80 onshore funds in the mainland via the PFM route.

Managed accounts use broadens

Blomfield said that as ETFs also become more utilised within managed accounts, the applicability of the structure is increasing.

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.

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

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%.

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

AMP Capital shutters global equities fund for platform investors

Applications, redemptions and transfers were suspended after the closure as the fund sells underlying assets.

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.

Keeping an eye on Chinese FDI

As a safeguard measure, the India government wants to scrutinise FDI originating from China.

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.

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.

Onshore fund approvals up in Q1

Foreign fund houses are increasingly launching onshore funds as China continues to open its financial services industry.

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.

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.

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.

Indonesian rupiah seen unlikely to revisit Asian crisis depth amid pandemic

The crisis today is different.

Diamond sector grinds to halt as India’s lockdown bites

Restrictions in nation that processes 90% of world’s stones upend global industry

Singapore's GIC, PGIM develop asset allocation framework for illiquid assets

The framework enables long-term investors to analyse the liquidity consequences of different commitment strategies and stress scenarios, which will help investors target the best portfolio performance for a given level of liquidity risk.

Nippon Life buys 13.1 billion yen coronavirus focused bonds from IFC

The IFC has set up an $8 billion credit facility to support private companies and their employees affected by the coronavirus pandemic.

Alternative Investments