Managers of Wealth Asia Pacific

Zurich is said to join US$2b wave of Malaysia stake sales

The sale of a 30% stake in Zurich’s Malaysian life unit could fetch about US$100 million, one of the people said, asking not to be identified because the information is private.

Japanese Market Declines

In the tech space, Advantest and Tokyo Electron are declining almost 1 percent each.

Silver Rated Asia Fund Outflows Continue

The Stewart Investors Asia Pacific Leaders fund is nearing £3 billion of outflows since long-time manager Angus Tulloch stepped down in mid-2016, but Morningstar's analyst is backing the new boss

Everything Is for Sale in Cyprus, and China’s Buying

The tiny Mediterranean island is throwing open the gates, while Germany and France build barriers.

Unions lobby super sector to cut big bank, AMP ties

In light of the revelations of the past weeks at the Banking Royal Commission, I am asking industry super fund chief executives to reconsider their commercial relationships with banks

HK retail investors have dwindling trust in financial advisers

It was conducted by the CFA Institute and US-based management consultancy Greenwich Associates in November and December 2017.

Integrating the ‘unbanked’ into a cashless society

The “unbanked” are described as adults without an account or a credit card at a bank or other financial institutions and are considered to be outside the mainstream for one reason or other.

Private Money Is Flooding This Frontier Market

Private-equity firms and sovereign wealth funds flock to Vietnam, following years of economic reform

Affin Hwang launches Global Target Return fund

"In an environment of heightened risks and increased volatility in markets, the role of an absolute return focused strategy has never been more relevant than it is now."

Allianz joins the party for $500m Scape student digs fund

As revealed by Street Talk last week, Scape expects to close its next $500 million fund within days.

Lasalle im sells korean warehouse to-deutsche-banks-dws-for-57m/

DWS made the acquisition on behalf of one its European funds in an off-market transaction, the firm announced this week.

Hua Xia Bank eyes asset management subsidiary

Following new rules on the sector, bank will invest US$80 million to create wholly owned independent trusteeship

Ambit CEO Ashok Wadhwa to buy QInvest stake in the group

Ambit Capital CEO Saurabh Mukherjea has decided to leave the company between July and September and start his own business

Pakistan to launch National Savings bond in Gulf states

The government has granted permission to Central Directorate of National Savings (CDNS) for launching saving certificate bond within the current fiscal year

Hedge fund manager Cohen heads east to 'swing big' with Point72 Ventures

Asia presents a chance to "swing big" because it's unburdened by technological infrastructure, particularly in financial services

Singapore's Temasek Holdings eyes HK Airlines stake

The Singaporean investor would most likely only acquire a minority stake in the Hong Kong-based carriers.

MGA launches in Hong Kong under former Nexus executive

The new MGA will initially focus on property, marine, specie, fine art, personal accident and terrorism within the Asian region.

Vistra Named ‘Fund Administrator of the Year’

The award recognises the overall achievement of fund administrators in the calendar year of 2017

DBS and OCBC among lenders of $2.45 billion for Vietnam coal power plant

Environmental groups have put pressure on DBS, OCBC and UOB as they are major funders of coal projects in the region.

Korea Post Insurance seeks bids from foreign managers for hedge fund mandate

This is the latest move by the Korea Post group to increase its overseas and alternatives exposure in a move to diversify asset allocations.

Alternative Investments