Managers of Wealth Asia Pacific

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.

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.

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

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.

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

Insurance companies in Thailand – reengineering products for wealthy clients

The Thai insurance market has evolved positively and expansively in recent years.

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%.

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.

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.

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.

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.

China’s Fosun Weighs Acquisition of Belgian Insurer Ageas

Fosun has continued to expand its international business empire amid a Chinese crackdown on overseas deals in certain industries that’s forced other conglomerates like Anbang Insurance Group Co. to shed assets.

Open banking will put more power in consumers' hands

The tracker pulls spending data from New Zealand banks including ANZ, ASB, BNZ, Co-op Bank, Kiwibank, TSB, SBS and Westpac.

Foreign selling of Malaysian stocks slows

This is the smallest weekly attrition recorded so far in 2018.

Partnership between ICBC and Standard Bank boosts trade, investment

African markets are huge and growing rapidly and the population is young

More foreign AMs to roll out funds inside China

Foreign firms continue to build a base in China’s private fund market by becoming eligible to launch products for domestic institutional and high net worth investors.

BMO, Jupiter, Schroders plan HK funds

BMO Global will launch an actively-managed fund that invests in passive products, while the regulator approved for launch other funds from Jupiter and Schroders.

HEAD-TO-HEAD: JP Morgan vs Matthews Asia

Asia-Pacific equity markets have been impacted this year by US-China trade tensions and tariffs and a strengthening US dollar.

Qatar Re shuts down Singapore unit

This decision does not affect Qatar Re’s sister company, Antares Asia

Nikko AM offers new SGD corporate bond ETF

Each ETF unit is priced at S$1, with a minimum lot size of 100 units; dividend to be paid once a year, based on the coupon collected from the underlying bonds

Alternative Investments