12/04/2018
Hong Kong’s MPFA aims to introduce electronic MPF platform in 2022
The MPFA has started work on the platform and Dr. Wong expects it to be launched in phases starting in 2022.
Alternative Investments
12/04/2018
Moelis, UBS tapped for Centuria Industrial REIT raising
Funds raised were pegged for acquisitions including: 149 Kerry Road, Archerfield, QLD for A$30.6 million; and 155 Lakes Road and 103 Stirling Crescent, Hazelmere, WA for A$23.8 million, the term sheet said.
12/04/2018
Chinese investment in Cambodia to diversify into SME finance
There are now just a few China-based banks operating in Cambodia, including the Industrial and Commercial Bank of China and the Bank of China, as well as microfinance lender Prince Microfinance.
12/04/2018
World Bank Group Announces $200 billion over Five Years for Climate Action
Funding for 2021-2025 includes a significant boost for adaptation and resilience
12/03/2018
ESG’s emergence as a principal theme in Asia
Asia holds opportunity as both a destination for strong investment returns and a local source to grow assets managed.
12/03/2018
Turning point ahead for mutual funds
The fact is that fintech will disrupt all intermediaries in the financial industry, including asset management firms
12/03/2018
Allianz Real Estate buys 20% stake in Singapore office tower for S$537.3 million
According to Rushabh Desai, Allianz Real Estate’s chief executive officer for Asia Pacific, the acquisition is in line with the company’s "approach of creating a quality portfolio of core assets in 24x7 cities".
12/03/2018
PH hotbed for ‘impact investments’
Macroeconomic stability, rising consumption cited among positive factors
12/03/2018
Asian investors snatch half of London’s largest property deals
New research underlines the continent’s dominance of commercial real estate transactions in the capital
12/03/2018
Fiducian acquires Perth financial planning firm
Australian financial services firm Fiducian Group is acquiring a Perth-based financial planning business that advises about A$73m of client money. Fiducian Group is spending A$1.66m on the acquisition component of the deal, funded from cash. As per polic
12/03/2018
Pension plan for Filipinos abroad awaits Duterte nod
Measure repeals 21-year old Social Security Law, ensures viability of provident fund
11/30/2018
Mutual interests bind the Middle East to Asia
Their boycott of the event risked derailing those meetings, but Padmanathan was confident.
11/30/2018
Singapore’s Elite Partners PE fund buys UK properties for £282.15 million
This is the first major acquisition by the fund, which was launched earlier this year and had raised £120 million as at November 27 from institutional investors, family officers and ultra-high-net worth individuals, among others.
11/30/2018
Market knowledge key to successful fund distribution in Asia
The highly fragmented investment markets in the Asia-Pacific region require detailed knowledge of each market’s unique characteristics and framework.
11/30/2018
Wilson triumphs in stoush over Blue Sky fund
The board had previously wanted to exclude Mr Wilson's proposal from a vote.
11/30/2018
Gaw Capital consortium buys Ocean Towers office building in Shanghai
He pointed to the Shanghai’s economic development which has surpassed all other cities in China with 6.9% growth in GDP.
11/30/2018
Corporate and industry super funds unite
Tasplan chair Naomi Edwards said the fund is thrilled to be aligning with another longstanding Tasmanian business.
11/30/2018
Hong Kong tycoon Walter Kwok's sons inherit US$3.1b stake in developer.
The filings don't disclose the exact shareholding of each son.
11/29/2018
BNY Mellon IM in HK fund push
In total, the firm registered six funds with the Securities and Futures Commission this year.
11/29/2018
NAB keeps its cool over Open Banking implementation
Whereas competitor Westpac has predicted a damage bill of around AU$200 million, the National Australia Bank believes its internal transformation will allow it to comply without impacting its pocket all that much.