Managers of Wealth Asia Pacific

Indian bank quits Antwerp diamond hub in blow for gem financing

Diamond financing is facing a crisis as bad loans and high-risk bets come back to haunt the industry.

Adviser, Practice of the Year finalists named

The 2018 AFA Practice of the Year Award finalists were also named, with Multiforte Financial Services, Panoramic Financial Services and TWD Australia making the cut.

University endowment fund awards mandate

In April, Financial Standard reported that ANU was looking to recalibrate its investments with new global mandates, after mixed performance from its socially responsible investment strategies.

Barings and Bridgewater become RQFII holders

Barings’ received its RQFII licence in September last year, while Bridgewater’s licence was given to the firm in May.

Nomura Announces Status of Share Buyback Program from Market

Pursuant to the company’s articles of incorporation set out in accordance with Article 459-1 of the Companies Act of Japan.

Growing interest from China in Thailand’s EEC

Bangkok Bank has certainly seen a shift in the direction of Chinese investment in Thailand towards more high-value industries.

China-Africa Development Fund reaches $10 billion

To support Chinese companies in Africa, the fund was set up in 2007 following the 2006 Beijing Summit of the Forum on China-Africa Cooperation with an initial scale of $5 billion.

WAM Capital bids for Wealth Defender LIC

Taking aim at the "perennial discount" of WDE's share price relative to the pre-tax asset value, WAM said the fund manager had "underperformed its benchmark".

Over $1b of Aussie super funds caught up in GAM scandal

The $45 billion Rest was 2.2 per cent invested with GAM under a defensive alternatives mandate, and the $13 billion CareSuper was invested in the GAM Absolute Return Bond Fund, those reports

Australia’s Future Fund tops benchmark with 9.3% return

The return was up from 8.7% in the preceding 12-month period and was also higher than the fund’s investment mandate benchmark of 6.6%.

BPI debuts in offshore bonds

BPI diversifies funding sources with first offshore USD bonds, proceeds will be used for general corporate purposes

KKR-backed Avendus arm to float environment-focused impact fund

Avendus claims it to be India’s first ESG fund, and said that the fund will commence investments from the end of this calendar year.

WAM Capital announces LIC takeover bid

WAM Capital said WDE's investment manager has "underperformed its benchmark since inception" and its shares have traded at a "perennial discount" to reported pre-tax net tangible assets.

Malaysia’s Amanah Saham Nasional to launch two retail funds in September

The document was posted on the SC’s website on August 27.

Nikko Asset Management takes top honours at FundSource awards

FundSource presented 14 awards in total.

Praemium picks up new SMA partners

Praemium said the new portfolios would give it the most comprehensive range of domestic and international models with an SMA, and would help meet the growing demand from investor for globally diversified portfolios.

Super assets hit new record

Self-managed super fund (SMSF) assets reached $749.9 billion, growing 6.4% year on year.

Another Australia firm gets RQFII quota

Globally, this is not the first time the firm is investing onshore. Its Ireland-based entity has a QFII quota of $200m, which was granted to the firm in 2014.

LJ Partnership heads Down Under

The partnership will enable both parties to provide their clients with a broader range of service offerings and co-investment opportunities in New Zealand, particularly in private debt and real estate.

AXA Singapore unveils new high net worth insurance solution

The protection also extends to properties such as yachts and luxury and performance cars.

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