07/30/2018
South Korea pension fund giant adopts stewardship code
NPS move meant to spur follow-on adoption by country’s other institutional investors
Alternative Investments
07/30/2018
Blackrock’s onshore China fund creates fee pressure
The major feature of the product is that it charges well below other mainland private funds.
07/30/2018
China’s NCSSF to manage 130 billion RMB Shanghai, Sichuan pension funds
The transcript of the July 23 press conference was posted on the ministry’s website the next day.
07/30/2018
SGX eyes Hong Kong and China for its bond platform growth
SGX Bond Pro currently has 140 participants, including global dealers, bank treasuries, asset managers, wealth managers and hedge funds.
07/30/2018
GAM gets green light for Japan expansion
GAM has had an office in Tokyo since 1997, and has been expanding business in the country recently.
07/30/2018
Mobius Sees No Bottom Yet for China
Sees “good chance” of recovery for emerging markets: Mobius
07/30/2018
1MDB land surreptitiously sold to Cayman Islands firm
The company (Silk Road) did not care about the (Air Itam) land because it was not their money anyway
07/29/2018
Oasis Management to acquire China hedge fund
The Petrel Greater China Fund will be renamed the Oasis Petrel Greater China Fund. Mr. Huang will continue to serve as the Portfolio Manager for the Oasis Petrel Fund.
07/27/2018
Eastspring acquires 65% of Thailand’s TMB Asset Management
Eastspring says it has an option to increase its ownership of TMBAM to 100% “in the future".
07/27/2018
HDFC Asset Management IPO subscribed 5.5 times on day 2
The portion reserved for institutional buyers was subscribed about six times while the quota for retail investors was covered 3.5 times.
07/26/2018
Shinhan Financial Q2 net profit dn 5% on year, up 9.4% on qtr
Shares of Shinhan Financial Group fell 0.34 percent on Wednesday to close at 44,250 won.
07/26/2018
Meet the ‘new wave’ of buyers who could keep Hong Kong’s property market hot
Thousands of high-earning professionals from mainland China will qualify for permanent residency in the city by next year, freeing them from extra taxes on house buying and potentially spurring demand for homes
07/26/2018
Navigating a challenging landscape of disrupted global trade flows
He said Chinese manufacturers may shift their factories or plants to ASEAN at a faster pace due to more challenging access to US markets as tariffs raise the cost of exports of Chinese-made goods and as labour costs rise quickly in China.
07/26/2018
Clifford Capital prices Asia's first project-financing portfolio
According to Moody's research, the 10-year cumulative default rate for Asia project finance loans is about 8.8 per cent
07/26/2018
Insurance companies in Thailand – reengineering products for wealthy clients
The Thai insurance market has evolved positively and expansively in recent years.
07/26/2018
After China, Eastspring sets up in Thailand
Eastspring Investments has reached an agreement to acquire 65% of Bangkok-based TMB Asset Management from TMB Bank, with the option to increase its ownership to 100%.
07/26/2018
Nikko unveils Singapore’s first local dollar corporate bond ETF
It will track statutory board and investment grade corporate bonds across various sectors, including the Housing Development Board, Temasek Financial and Land Transport Authority.
07/25/2018
China’s Long Hill Capital raises US$265 million for health & consumer fund
The firm’s previous fund, Fund 1, was capitalised at $125 million in October 2016.
07/25/2018
NZ Super posts 13.2% return in 12 months to May
The return was also better than the fund’s historical average yield of 10.52% per annum since its inception in 2001, according to data on NZ Super’s website.
07/25/2018
Philippines to push Islamic finance in Muslim province
Al Amanah, a subsidiary of the state-owned Development Bank of the Philippines, is currently the only bank in the Philippines licensed to do Islamic banking.