Managers of Wealth Asia Pacific

VN bank shares continue to lure foreign capital

The stock market is still seeing foreign investors pour money into bank shares, analysts say.

From Regal to Longlead, it's all about spotting change

First stop is Regal Funds Management, then established players like K2 Asset Management and Watermark Funds Management, and then it's back home after a few days scattered with one-on-ones among the small handful of other local hedge funds.

One of Hottest Hedge Funds in Korea Returns 14% as Stocks Slide

Timefolio Asset hedge funds attracted $1.3 billion in 2 years

Bond Connect draws almost 130 billion RMB foreign flows, HKMA says

Bond Connect, which was launched in July 2017, is a cross-border initiative which allows foreign investors in Hong Kong to access China’s onshore interbank bond market.

Asia's dealmakers bank on Japan to extend record first-half M&A spree

British drugmaker Shire is being acquired for $62 billion in Japan’s biggest-ever overseas purchase, and a consortium led by SoftBank Group bought a stake in Uber Technologies for $7.7 billion. ,

Hong Leong Asia to book $43.5m loss from deconsolidation of consumer unit

Under the approved restructuring plan, Hong Leong Asia will transfer its equity stake in Xinfei to new investors at zero consideration.

Navicom International Investment expands into Singapore

NaviCom International Investment chairman Alistair Mitchell said: “As a major financial centre, Singapore is recognised for its quality governance controls over a well-developed capital market and financial system."

Fidante boutique fund manager shuttered

Tempo was founded in late 2013 and employed an equal-weight country quantitative process to invest in global equities.

AMP to defend ASIC court proceedings

AMP has described the conduct in question as “historic” but ASIC’s statement alleges the behaviour occurred in 2013 with an investigation commenced in 2014.

Hermes Investment Management sets ambitious goals for Asian business

Hermes sees that goal as "realistic" even though — with anticipated growth for the broader portfolio over the next five years

Australia's corporate watchdog vows to go after unscrupulous advisers

The regulator said a study of hundreds of cases had found the unlawful advice ranged from poor record keeping to actions likely to result in significant customer losses.

Tokio Marine seeks acquisitions in Asia

“We are building a stable business by diversifying geographically and operationally,” Nagano told Reuters.

Canada's Sun Life sees Asia profit doubling, eyes bigger stake in China venture

“We are bullish on not just the insurance business (in Asia), but wealth management and asset management as well,” Dean Connor told Reuters

Maybank upgraded to 'Buy' at AmInvestment

This will be contributed by an increase in revenue and improvement in operating expenses (2017 core earnings growth: 10.6%).

Korea National Pension Service’s CIO search fails, report says

The report identifies them as Thae Khwarg, a former head of Barings’ South Korea asset management arm; Dong-min Lee, former CIO of Bank of Korea, and Young-mok Yoon, former head of the NPS’s strategy unit.

Asian central banks launch securities lending platform

“The EMEAP also believes that PAIF Securities Lending will help to enhance the functioning of regional money markets.”

'Fools' paradise' momentum tests value investors

Causeway Capital's Harry Hartford says value-style investors, who traditionally seek out stocks which are trading below their intrinsic value

Why L1 Capital’s Long Short Fund still looks a good bet

Over the short term markets can easily move against the best investors in the same way as they can sometimes unduly exaggerate positive returns if everything falls into place regarding an investor’s timing.

North Korea: The next frontier market in East Asia?

An Asian Development Bank official outlined directions a reformist North Korea could take towards economic development, but many questions remain

Sun Life on track to have 5 million clients by 2020

We think agency has a big role to play in this under-penetrated market

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