Managers of Wealth Asia Pacific

Singapore’s GIC cuts exposure to H2O Asset Management

Decision by sovereign wealth fund follows French market regulator’s fine last month

Doo Wealth Adds A Newly Registered Hong Kong Trust Company

Based on the objectives of clients' customized investment strategy, the Trust Company as the trustee makes investment decisions on behalf of clients.

Morgan Stanley gets China nod to buy out joint venture partner

The announcement comes just two weeks after rival US fund house J.P. Morgan Asset Management said it had won approval to buy joint venture partner Shanghai International Trust Co’s 49% shareholding in China International Fund Management.

Hong Kong Leader Confirms Aramco Listing Efforts

Of note for the financial sector is the confirmed efforts to lure oil giant Aramco and its subsidiaries to list in Hong Kong to take advantage of its hub status and benefits.

AZ NGA buys stake in Melbourne advice firm

The deal follows shortly after AZ NGA bought a stake in another Melbourne-based firm, SCM Financial Group.

Taiwan’s BLF funds swing to record investment loss in 2022

Although the pension supervisor expects the grim economic environment and geopolitical issues to continue weighing on corporate earnings, it believes the rate hike cycle is coming to an end and that market sentiment will improve.

Axa IM Alts Expands Japan Property Portfolio

The firm was advised by J.P. Morgan Global Alternative Real Estate Asia Pacific in the acquisition of the portfolio from institutional investors.

China Reopening: Dry Powder Will Boost Asset Management

The end to quarantine and easing of other Covid restrictions in Chinese Hong Kong and the Chinese Mainland have been a promising start to 2023.

ADDX tokenises global macro hedge fund Asia Genesis by top veteran trader

In 2009, JMF was one of Singapore’s largest macro hedge funds, with approximately US$800 million in assets under management (AUM), having grown 100 times from an AUM of about US$8 million in 2000.

Prudential to set up operation in Macau

It will offer life and health insurance solutions in the special administrative region

Knight Frank and Berkadia form international alliance

The platform spans all major capital hubs and sources of capital, including the US, Asia Pacific, Europe, the UK and Middle East

GMG to ramp up growth in Southeast Asia, aims to launch 100 stores by 2025

The company has opened 31 stores across Malaysia, Singapore, and Indonesia since entering the SEA market in 2020

India enters green bond market with US$1b debut auction

The insurance industry regulator will allow the bonds to count towards insurers’ required infrastructure investments.

Asia Gold-China demand slows ahead of holiday; Japan, Singapore cash in on high prices

Indian jewellers hope for reduction in gold import duty

Brighter Super revamps board structure

The independent directors are Ron Dewhurst and John Smith.

IQ-EQ appointed to administer TR Capital’s Fund V

This mandate involves both IQ-EQ Hong Kong and IQ-EQ Luxembourg

HSBC eyes bigger slice of super pie

We appreciate the support provided and value added for our member funds across the profit-to-member sector by our partners, particularly by HSBC

Dah Sing Bank and Sun Life Join Forces in 15-Year Exclusive Bancassurance Partnership in Hong Kong

Sun Life will pay an amount of HKD 1.5 billion (approximately C$260 million)3 for this exclusive arrangement, with ongoing variable payments to Dah Sing Bank based on the success of the partnership.

360 ONE acquires Mumbai Angels; announces two new funds with them

Mumbai Angels, one of the largest players in the early-stage investment space, will now be looking at a greater funnel of deals, with a deeper penetration in the early-stage startup pool.

Indonesia, Malaysia enter final laps of rate-hike cycle

The two countries face similar circumstances with headline inflation off their peaks while the core gauges were still running hot.

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