Managers of Wealth Asia Pacific

China’s growing footprint in Africa

China’s President Xi Jinping appears to have made Africa one of the top priorities of his foreign policy.

Knight Frank partners Barleys to tap on cash-rich Singaporean buyers of New Zealand homes

Bayleys has acquired the Knight Frank operations in New Zealand

Value Partners launches its third onshore fund

The firm won approval for its third onshore equity product Feng Tai-China A Share Fund 1, which was incepted on 6 July.

Funds turn bullish on Indonesia bonds

Western Asset Management Co says a proactive central bank and the recent increase in yields may be creating a buying opportunity for the country's dollar-denominated debt.

Japan bond exodus fears overblown, regional banks say

The BoJ’s policy tweaks, made partly to ease the pain of its stimulus for local banks, have spurred speculation that Japanese funds could shift some of the $2.4 trillion invested in overseas debt back home.

After Mercari - Japanese asset managers see new era in venture capital investing

Its pre-IPO shareholders included Development Bank of Japan and Japan Post Capital.

Japan’s GPIF hires two local banks as custodians for short-term assets

GPIF named the two domestic banks as custodians of the short-term assets in a statement on August 8.

Suncorp signs $725 million deal to sell life insurance arm

Suncorp announced the deal at the same time as its full-year results — the key highlight being a 1.5 per cent drop in net profit to $1.06 billion, hurt by rising costs.

HNA sells $2.2bn Avolon stake

Deal signals willingness to sell core assets after $15bn of non-core disposals

Chinese Private Equity Firm To Invest $270 Million In Overstock Blockchain Subsidiary

Collectively, the total investment could reach as high as $404 million and would give tZero a valuation of $1.5 billion, if the deal closes on December 15, as planned.

BIMB Investment launches ESG sukuk fund

BIMB ESG Sukuk Fund applies Arabesque S-Ray in its ESG screening which systematically combines over 200 ESG metrics with news and data signals from over 50,000 sources across 15 languages.

China asset managers get approval to offer target pension products

A China AMC spokeswoman, who confirms that the company has been granted a licence to manage such products, says its FOFs has been registered as a TDF.

Prudential’s focus on Asia pays off as region generates higher profit for insurance giant

The insurer, which has 15 million life customers worldwide, has turned its focus to Asia, where a large portion of the population is still not covered by any kind of insurance plans.

Foreign investors snap up battered Chinese stocks as trade war fears persist among local traders

Overseas buying hits US$4.3 billion in past three weeks

GROW Super co-founder sells advice business

A privately-owned AFSL has acquired the financial advice business of a GROW Super co-founder.

Magellan funds record $331m profit

The funds management business generated $429 million in revenue

Trust splitting: no longer an estate planning option?

Despite the uncertainty on the tax treatment, trust splitting has been used by many lawyers as an estate and succession planning tool.

TAL acquires Suncorp Life

Suncorp chief executive and managing director Michael Cameron said the sale was the superior option, adding that it will simplify Suncorp's business model.

Perpetual wins RE mandate

Melbourne-based goFARM Asset Management focuses on high-growth investment opportunities in Australian agriculture.

Manulife Hong Kong reports strong results for second quarter and first half of 2018

As at end June 2018, Manulife continued to lead in the MPF market as the No. 1 MPF scheme sponsor in Hong Kong

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