Managers of Wealth Asia Pacific

Australia private capital assets at record US$68 billion in 2019

Consumer discretionary buyout deals accounted for 52% of the total, surging from 11% in 2018.

Singapore Exchange, China’s CITIC Securities ink strategic cooperation deal

CITIC Securities Chairman Zhang Youjun describes the deal as a "significant milestone” for the two companies.

Pinnacle adds new boutique

It is currently available as an SMA with plans for a UCITs fund in near future.

Hedge fund with zero correlation to equities to launch

The key criteria are that the strategy has a correlation of around zero to equities and has the ability to make money in both rising and falling equity market conditions.

Centuria crosses Tasman, acquires stake in NZ manager

The maximum commitment offer Centuria will make is approximately NZD$23.6 million, funded by its cash reserves.

Why has the Reserve Bank of India opened a liquidity window for mutual funds?

The scheme will be open till May 11 or up to utilisation of the allocated amount, whichever is earlier.

IOOF sees surge in FUM

The addition of the P&I business brought $77.1 billion of addition FUM during the quarter.

Time for gold to shine?

Investors will soon pivot towards the asset class that performs best during periods of monetary debasement, argues Merian’s gold bug.

Anbang Forces Mirae to Seal Multi-Billion Dollar Lux Hotel Deal

Once an acquisition giant, Anbang reversed its function following China’s government takeover in 2018 which also included the arrest of former chairman Wu Xiaohui on fraud and embezzlement charges with an 18-year sentence.

Manulife enters joint venture with Mahindra Asset Management

Deal is worth $35m and sees the US firm take a 49% stake

Gold prices near steady as global stock markets gain

Some regions in some countries, including the U.S., are reopening at least some businesses that have been shuttered from the Covid-19-induced lockdown.

Japan's GPIF seeks firm to advise on emerging-market infrastructure strategy

He notes that the pension fund appointed DBJ Asset Management for its first global infrastructure mandate in 2018.

Qatar Petroleum places big LNG carrier order with Chinese shipyards

Total value of the contract could reach US$3 billion, depending on requirements

UK local authority pool seeks specialist China equity manager

The benchmark for the pool’s current emerging market sub-fund is the S&P Emerging Broad Market Index.

Platinum funds downgraded at Morningstar

Kerr Neilson is still heavily involved in the analysis but the total assets are roughly split as 70% to Andrew Clifford and 30% to Clay Smolinski, according to the note.

Canada, Dutch pensions, Hong Kong logistics firm in new US$1 billion joint venture

CPPIB will initially invest $450 million for a 45% stake in the joint venture.

ICBC Halts Commodity-Linked Products for Retail Investors

Despite the worries, official figures indicate limited levels of risk in the broader banking system linked to commodities.

Will Asia outperform globally?

The region is expected to be the first to recover from the pandemic, but investors are still cautioned from being too optimistic of the markets.

Invesco to launch bond fund in Hong Kong

The firm is betting that the fiscal stimulus provided by central banks will support investment grade corporate bonds.

Ping An Reports YoY Growth of 5.3% in Operating Profit

In the first three months of 2020, net profit attributable to shareholders of the parent company dropped 42.7% year on year to RMB26,063 million.

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