09/17/2019
Northern Trust chair defends Woodford loan
As of September 4, WPCT had withdrawn £113.7 million of it.
Alternative Investments
09/17/2019
Allianz Retire+ to research retirement transition
As such, the research team will place a greater significance on the timing and conditions of work exit in this iteration of Earl's research.
09/16/2019
Australian pension funds’ major ‘wall of money’ to go overseas
The nearly 2:1 ratio is the highest among major developed economies, according to Bank of America Merrill Lynch, and the imbalance is growing — as is the range of overseas markets and assets attracting those funds.
09/16/2019
A little sunlight would help India's shadow banks
A central bank led-review could restore confidence in the quality of their assets and help reverse India’s sharp consumption-led slowdown
09/16/2019
A dose of easy money for ailing global economy coming, with side effects
More often than not, such announcements give a short-term bounce to equity markets.
09/16/2019
Altico Capital default hit debt funds, side pockets created
On the following day, 13 September, Altico Capital’s long term issuer rating was downgraded to ‘D’ by India Ratings and Research.
09/16/2019
JP Morgan inclusion of China bonds benefits Chinese market, overseas investors
"Global bond managers, much like their equity counterparts, will need to have a China opinion," said Ahern.
09/16/2019
UAE-based investors to develop 5 Economic Zones in Bangladesh
UAE-based investors present 25 investment projects at the Bangladesh Economic Forum
09/16/2019
AXA Investment Managers expands impact investing options
The new strategy is seeking to raise between US$300-US$400 million from a broad base of professional investors and is expected to launch in the coming months.
09/16/2019
CFSGAM picks new name, updates on CBA separation
CFSGAM will henceforth be called First Sentier Investments, with "Sentier" a French word meaning "path".
09/16/2019
Hong Leong and TPG Agree on Hospital Deal
The two buyers will each own 50 percent of the newly acquired assets.
09/16/2019
Lifting of QFII, RQFII quota expected to boost HK, China ETF markets
Removal of quotas can revitalize the China ETF market as overseas fund managers could launch new ETFs and reallocate their portfolios more easily
09/15/2019
HKE vows to press on with $39b LSE bid after rebuff
The LSE said earlier on Friday, as it rebuffed the Hong Kong approach, that it was sticking with its $27 billion acquisition of data and analytics company Refinitiv - a deal that the HKEX offer had required the London exchange to abandon.
09/13/2019
Hong Kong Exchange makes US$39 billion bid for London Stock Exchange
The price offered by HKEX translates into a 23% premium over LSE’s closing price of £68.04 ($83.9) on September 10.
09/13/2019
Majority of Hong Kong people aren't retirement ready
Over half of HK respondents haven't started saving for retirement, while 40% of those over 50 have not begun preparations, according to Franklin Templeton survey
09/13/2019
Korea's Mirae leads group buying US hotels for $5.8 billion from China’s Anbang, reports say
It will be Mirae’s first major property purchase since May 2018, when it acquired US private equity firm Blackstone's London office building for $460 million.
09/13/2019
More Than Half of Hong Kongers Yet to Start Saving for Retirement
This differs from western counterparts where government or company-sponsored retirement plans are popular options.
09/13/2019
Bouris’ YBR partners with US asset manager
Following the announcement, YBR executive chairman Mark Bouris said: “We are pleased to team up with a group of Magnetar’s calibre.”
09/13/2019
First State aims for Singapore retail
First State Stewart is awaiting regulatory approval for three products aimed at retail investors, including a China A-shares fund.
09/12/2019
Samsung Display Implementing Early Retirement Program to Downsize Workforce
The company will provide applicants with tuition fees for their children until they graduate from university and is considering additional compensation.