Managers of Wealth Asia Pacific

Companies deleveraging while households gear up to buy property: MAS financial stability review

Heightened financial vulnerability from tighter financing conditions, crypto and climate risks

Ox Capital Management launches ex-Japan Asian equities fund

Ongoing fund charge 90bps

Malaysia’s Sarawak state passes law to set up sovereign wealth fund

Malaysia has two federal sovereign wealth funds. One, Khazanah Nasional, was set up nearly three decades ago, and had 106 billion ringgit (US$24.10 billion) of assets under management as of end-2021.

Insurers join banks and wealth managers to offer retirement plans as China completes private pension scheme reform

China’s private pension market is estimated to be worth around 10 trillion yuan (US$1.5 trillion) by 2030, according to McKinsey & Co

Colonial First State debuts 'major wealth platform innovation'

CFS chief distribution officer Bryce Quirk told Financial Standard the new platform will sit at the heart of an advice tech stack, bringing together the software that sits inside advisers' practices, with managed accounts at its core.

Hong Kong investors favour technology themed funds

Majority of Hong Kong investors are interested in investing in today’s megatrends, Allianz Global Investors found.

Malaysia’s Sarawak state to introduce law to set up sovereign wealth fund

Malaysia has two federal sovereign wealth funds. One, Khazanah Nasional, was set up nearly three decades ago and had 106 billion ringgit (US$24.10 billion) of assets under management as of end-2021.

Apac insurance premiums set to rise 3.9% in 2023 and 2024: Swiss Re

Swiss Re said that life insurance real premiums in Apac are expected to reverse this decline and grow 2 per cent in the next two years.

Ex-Soros family office investor raising new fund

Conduit’s founder is Jack Dwyer, a dual Australian and British citizen who has worked for billionaire investor George Soros’s $35 billion family office

Aramco says hydrogen talks with Japan, South Korea are advancing

Much of the gas for Aramco’s blue hydrogen will come from Saudi Arabia’s massive Jafurah field

KKR Leads Series C Round In Indonesian Digital Trust Provider Privy

This latest investment in Privy builds on the strong commitment by the Indonesian government to accelerate the digital transformation of the world’s fourth largest population1 through four strategic sectors

Jointly Released by Tricor and JunHe, 'Foreign Private Equity Funds in China

Including the Market Landscape, Establishment Considerations, Compliance Requirements and Daily Operations, as well as Insights into How Foreign Investors Can Plan Ahead Accordingly

Vanguard launches its first superannuation product in Australia

The default Lifecycle fund will adjust 36 times over the lifetime of members according to their age with no switching fees, with the asset allocation becoming more conservative over time.

Australia’s CareSuper and Spirit Super explore A$45 billion merger

The funds will first conduct “extensive” due diligence that will take several months to ensure that a merger is in the best financial interests for members, Spirit Super Chair Naomi Edwards and CareSuper Chair Linda Scott say in the statement.

Indonesia pension industry sees modest asset increase as bond gains

Pension funds increased their allocation to bonds for the higher yields as major central banks increased interest rates to tame inflation, a fund manager from a local asset management company tells Asia Asset Management.

India's GDP set to top $7.5trln by 2031, says Morgan Stanley

Global offshoring, digitalization and energy transition will drive the growth

APRA moves to strengthen transfer planning in superannuation

One of the best ways for trustees to improve outcomes for their members is through a merger that delivers the benefits of increased scale, or by transferring them to a better performing fund.

Moore’s Sydney practice partners with Professional Wealth Services

The partnership comes according to Breedon at a time when wealth management and protection services is in high demand, given the turbulent environment that is spurring high net-worth individuals to rethink their wealth planning.

Ant rolls out BNPL product in Hong Kong

Small firms can apply for loans of between S$5000 and S$100,000 via partners IN Financial Technologies and Bizmann System.

Magellan sees modest FUM growth

Earlier in the month, chief executive, David George, told the firm’s annual general meeting that he hoped to grow the business to $100 billion in the next five years.

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