08/10/2018
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.
Alternative Investments
08/10/2018
HNA sells $2.2bn Avolon stake
Deal signals willingness to sell core assets after $15bn of non-core disposals
08/10/2018
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.
08/10/2018
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.
08/09/2018
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.
08/09/2018
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.
08/09/2018
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
08/09/2018
GROW Super co-founder sells advice business
A privately-owned AFSL has acquired the financial advice business of a GROW Super co-founder.
08/09/2018
Magellan funds record $331m profit
The funds management business generated $429 million in revenue
08/09/2018
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.
08/09/2018
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.
08/09/2018
Perpetual wins RE mandate
Melbourne-based goFARM Asset Management focuses on high-growth investment opportunities in Australian agriculture.
08/09/2018
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
08/08/2018
Jupiter Asset Management’s flagship fund may up solar exposure
Key longer-term considerations that will guide his investment decisions include the potential for new disruptive technology, and politics in the energy sector.
08/08/2018
Impact investing exceeds $12 billion in south-east Asia
Impact investment seeks to achieve a positive social and environmental outcome in addition to generating a financial return.
08/08/2018
Managing Money With Moneycontrol | Here’s how rising interest rates may impact your investment portfolio
To know more on the interest rate hikes, watch the accompanying video.
08/08/2018
Boutique fund manager eyes second LIC
A Sydney-based international equities manager will soon launch its second listed investment company (LIC) with plans to raise upwards of $300 million for the new venture.
08/08/2018
First bank deal with Italian football club announced
The bank will also be able to offer a variety of activations and discounts through the partnership.
08/08/2018
Expert Opinion: Trends in Corporate Jet Financing in Asia: an offshore perspective
In this article Ms. Roman looks at recent trends in financing corporate jets in Asia, as well as where aircraft are being registered offshore.
08/07/2018
What African SWFs can learn from Asian counterparts
As Africa’s own SWF journey evolves, I believe the examples set by Asian countries such as Singapore and Malaysia should serve as an inspiration for reform.