Managers of Wealth Asia Pacific

MLC transforms advice business

The group will exit the self-employed franchise models of MLC Advice Stores and NAB Financial Planning.

China lets global asset managers apply for mutual fund business

The Asset Management Association of China an industry body supervised by China’s securities regulator, said in a statement that it welcomes foreign private fund managers to apply for retail mutual fund businesses.

Malaysia fund industry assets up 2% in June, 8% in first half on stocks, bonds

The SC typically posts the data without providing analysis.

Fidelity aims to launch two funds in Hong Kong

Despite the difficult political and economic environment in Hong Kong, the firm hopes to eventually sell the newly SFC-authorised products.

German VC firm collects $6 mn directly from Korean individuals

In comparison, investing in domestic venture firms, if successful, hardly returns over 10% per annum because of their limited growth potential in the home turf.

Anbang to sell entire US$2.4b Japan property portfolio; Blackstone seen bidding: sources

Anbang paid Blackstone around 260 billion yen (S$3.38 billion) for the assets in 2017, in what was Japan's biggest property deal since the global financial crisis.

Kora Management to invest $125 million in Edelweiss Group

Kora Management is already an investor in Edelweiss

South Korea to Invest in the Future of Africa

Part of the dialogue was about understanding Africa and helping build an entrepreneurial presence on the continent.

SonKim Land Announces US$121 Million Follow-up Fundraising from an Investor Consortium led by EXS Capital, ACA Investments, and Credit Suisse

This is now the 2nd round of investment from ACA Investments and the 3rd round of investment from Lemongrass Master Fund.

Ontario Teachers' Ontario Teachers' Pension Plan going on hiring spree overseasPlan going on hiring spree overseas

OTPP managed around C$191 billion ($144 billion) in assets as of the end of 2018 for 327,000 working and retired teachers.

State Street ETF in franking credit kerfuffle

State Street has now applied to the Australian Tax Office asking for its choice of this limit called the 'benchmark ceiling' to be revoked, according to August 14 ASX filings.

BlackRock backs lifestyle, marketing firm

Authentic Brands is a brand development, marketing and entertainment company with over 50 brands generating about US$10 billion in annual revenue.

IPP Financial Advisers multiplies wealth in Asia through global investments

IPP Financial Advisers sets golden standards through its four models: accumulating, managing, protecting and distributing wealth

Hana Financial Teams Up to buy Vienna Hilton for €370M

The acquisition of the 571 room property, which is the largest hotel in Austria and the third-largest Hilton hotel in Europe

China releases updated versions of its two negative lists and encouraged foreign investment catalogue to promote foreign investment

They replace their earlier versions and further open the Chinese market to foreign investment, particularly in the manufacturing and service sectors.

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