08/13/2019
Fidante loses $3.9bn of super fund assets
Fidante recorded net outflows of $3.6 billion, dragged by the loss of one major client.
Alternative Investments
08/13/2019
Zurich inks exclusive retail distribution deal
The boutique has hitherto done its retail distribution in-house but will now rely on Zurich to look after its retail distribution in Australia including relationships with platforms, research houses and advisers.
08/12/2019
AFA names Female Excellence finalists
AFA chief executive Philip Kewin said the award also promotes the broadening of choices available to Australians when it comes to seeking financial advice.
08/12/2019
Aberdeen Standard Investments launches Emerging Market Local Currency Debt Fund
Aberdeen Standard Investments has been investing in emerging market debt for more than 20 years
08/12/2019
Praemium posts 25% growth in FUA
Driven by platform revenues, which were up by 25 per cent
08/12/2019
Banks hope to strike gold with wealth-management products
To support its expansion in the mutual fund industry Commonwealth Bank signed a business deal with Sucor Asset Management in Jakarta on Thursday to sell the latter’s new mutual fund product.
08/11/2019
Global funds set sights on Japan property market
Aberdeen Standard and KKR see opportunity in low-rate environment
08/09/2019
J.C. Flowers to sell decades-old stake in Japan's Shinsei Bank
'Vulture' fund gives up on institution that never recovered from 2008 crisis
08/09/2019
Equiom named finalist for Trust Company of the Year - Hong Kong & Singapore
Winners are selected through a combination of public voting and the decision of a panel of esteemed judges.
08/09/2019
Prudential agrees to acquire Thailand's Thanachart Fund Management
The deal would be subject to local regulatory approvals, it noted.
08/09/2019
Nuveen’s fund buys asset in South Korea
“We anticipate that the rapid expansion of e-commerce and associated third-party logistics demand in Asia Pacific, particularly South Korea, will underpin structural resilience in the sector,”
08/08/2019
Singapore, India exchanges to launch new Nifty futures trading model by end-2020
SGX had then planned to introduce its own version of Nifty products, but NSE filed legal action in the Bombay high court in June 2018 and obtained an interim injunction against the launch.
08/08/2019
Genting Hong Kong to sell stake in cruise ship brand to Canadian pension, TPG for US$489 million
The first tranche for a minimum 24.5% stake is for $342 million.
08/08/2019
SGX regulatory arm to tighten oversight of Singapore market
SGX RegCo's listings disciplinary committee has started hearings against three companies.
08/08/2019
Aviva reports steady results and confirms review of its Asian business
The first half results were rather mixed with profits from general insurance up 29% but those from life insurance and fund management were both down.
08/08/2019
China’s CITIC Capital mops up $2.8b for its biggest PE fund
Like the previous funds, the latest fund, which is dollar-denominated, will seek control-investment opportunities with a China angle across sectors, including consumer, healthcare and technology, it said.
08/07/2019
Pinnacle profits up 32%
Its stable of managers attracted $6.5 billion of new money in the year - split as $2.9 from retail investors and the remaining from institutional investors.
08/07/2019
FMPs maintain haven appeal
Aviva is the latest fund manager to launch a fixed maturity product to meet investor demand for income and safety.
08/07/2019
Jupai revenues plunge in tough WM climate
The NYSE-listed Chinese wealth manager reports a sharp drop in Q2 revenue and profit as HNWI clients turn risk-averse.
08/07/2019
Waterfield Advisors launches family office consortium
The consortium will enable like-minded family offices to come together and invest in large assets as an institutional investor, she adds.