Managers of Wealth Asia Pacific

Sumitomo Mitsui Financial Group keen to raise stake in Indonesian bank BTPN to majority

Indonesian laws restrict share ownership in the country's banks by a single entity to 40 percent.

Conning acquires 45% stake in Global Revolution

Global Evolution’s founders welcomed Conning’s move to acquire a stake in their company.

Asia's 'impact investors' favor social investment over charity

Returns expected to keep pace with conventional stakes

Chinese Contractor Sued for ‘Massive Fraud’ Over Bahamas Resort

CCA may face more than $2.25 billion in liabilities for misleading and defrauding the plaintiff and depriving it of its investment.

GIFT IFSC Insurance vertical gets major boost as Offshore Insurance Hub

GIFT IFSC, being a foreign territory mainly conducts offshore business.

Tech and new rules helped pensioners

A look at some of the major developments in the sphere of pensions in India in the year 2017

Japan's SMFG keen to raise stake in Indonesian bank BTPN to majority

Indonesian laws restrict share ownership in the country’s banks by a single entity to 40 percent. However, approvals for a majority stake may be granted on a case-by-case basis.

KKR-backed Avendus Capital looks to enter US, Europe

KKR-backed Avendus Capital is working on a plan to take Avendus Absolute Return Fund and Ocean Dial Asset Management to US investors

Five private equity firms exposed by China’s insurance watchdog for having weak compliance standards

Qianhai Ark Assets Management, Shanghai Dingying Investment Management, CRI, Cindafund Investment, and PICC Yuanwang criticised for having weak compliance awareness and problematic internal management

ADIA Invests In HDFC Capital’s $1 Billion Housing Fund

With a development footprint of 75 million square feet across affordable and mid-income residential projects, affordable housing will be developed in 15 leading cities over the next two-three years in India.

Pension Fund Mulls Allowing Minors To Join National Pension Scheme

The overall subscriber base of the pension regulator was 1.81 crore as on October 31 this year.

Fund managers tell bond investors to be selective in 2018

With most fund managers agreeing that the bond market is fully valued, how should investors place their bets?

BlackRock Likes Japanese Stocks Best After Emerging Markets

Japan’s benchmark Topix index has rallied 20 percent this year as global growth has helped generate record Japanese corporate profits

Malaysia’s Securities Commissions unveils guidelines on SRI funds

The guidelines, which are effective immediately, will apply to products within the SC’s oversight, including unit trust funds, real estate investment trusts, exchange-traded funds, and venture capital and private equity funds.

AIMA signs MoU with Insurance Asset Management Association of China

The MoU further strengthens AIMA’s presence in China and its relationships with China’s asset management industry and its regulators.

Premia Partners to launch more thematic ETFs in 2018

They are the first smart-beta multi-factor ETFs in Hong Kong tracking new economy sectors in China such as healthcare and technology.

Alpha Fund Manager adds Janus Henderson fund

Boutique fund manager Alpha Fund Manager has included Janus Henderson’s Global Fixed Interest Total Return Fund to its global fixed interest portfolio.

At $16 billion, 2017 a bumper dollar bond year

Billionaire Anil Agarwal-controlled metals to mining company Vedanta Resources has made the best use of the boom, raising $2 billion from the market.

Financial advisers flee the big banks

Advisers at big banks make up 37 per cent of the market, but this was a drop of 6.7 percentage points compared to the same time last year.

Macquarie Infrastructure makes first close of second Asia fund at $3b

The fund, Macquarie Asia Infrastructure Fund II is on road to raise upwards of $3.25 billion and is expected to make a final close by the first half of next year.

Alternative Investments