Managers of Wealth Asia Pacific

Philippines’ GSIS to hire two foreign fund managers to manage US$800 million

The two foreign fund managers are expected to be hired soon and awarded $400 million each to manage.

Former JLL executive sets up real estate investment banking firm

Former JLL executive Shobhit Agarwal launches ANB Capital Advisors Pvt. Ltd, an investment banking firm focused on the real estate sector

ASEAN-focused China fund raising up to $3 billion for Silk Road projects

The planned capital-raising is the latest in a series by China’s state-backed firms

Fidelity Eyes Chinese Mutual, Pension Fund Markets

Company to provide domestic investment products to institutional investors, and high net worth individuals.

Hedge Fund Closing as South Korean Firm Retreats From Singapore

Truston exits about a decade after setting up Singapore office

Shenzhen Stock Exchange improves the risk management system

An officer from SZSE expressed that, since 2017, the National Financial Work Conference has made clear requirements that the prevention of financial risks be assigned more emphasis.

Savills IM moves CEO to Hong Kong HQ in Asia refocus amid global reshuffle

The company currently has five offices in the Asia Pacific region, classing the region as an “important part of the firm’s long term strategy”.

Beijing plans to boost scrutiny of Chinese offshore private equity funds - sources

The move comes amid a wider crackdown by Beijing on debt-backed investments overseas, and opaque, shadow banking-linked wealth management products at home that have been repackaged for use in overseas funds.

AMP Capital’s outlook for listed real estate

There are some areas that we’re expecting to perform particularly well during the year due to their exposure to long-term secular growth trends.

MetLife awards $11bn custody mandate

Insurance is an important sector for our Securities Services business and an area where we see great opportunities as the insurance business grows in Asia.

Global trading platform opens Sydney office

Hetherington is responsible for trade execution within Asia Pacific and has more than 10 years of equity trading experience.

Prudential to offload Vietnamese consumer finance business

As part of the agreement, Prudential also signed a new long-term bancassurance partnership with Shinhan in both Vietnam and Indonesia.

Blackwell Global Hong Kong acquires new SFC asset management license

The company, on its part, has invested in qualified investment specialists so as to responsibly advise clients on sound investment decisions and to help attain their financial objectives.

MetLife seeks to sell Hong Kong insurance unit

The sale could raise more than $600 million, one of the people said, asking not to be identified because the matter is private.

BlackRock survey sees investors up allocations to active strategies

The survey of 224 of BlackRock’s institutional clients with over US$7 trillion in total assets under management was conducted in October and November 2017

Foreign Buyers Returning For Residential Properties

Most of them were probably kept a distance by the additional buyer stamp duty for foreigners, only a mere 5.6% deals in 2017 were made by the foreign community.

Bank Islam launches social finance platform, Sadaqa House

Khairul said the bank is utilising technology in its Shariah solutions to deliver a service that is aligned with the current digital trend.

Firms lining up to do business with China’s Alibaba

Money market fund success has managers eager for linkup

Aviva wraps up sale of Taiwanese life insurance JV

Financial terms of the transaction were not revealed.

Pension asset test changes have made retirement support more inequitable, says AIST

The taper rate is the rate at which pension payments are reduced once asset thresholds are surpassed.

Alternative Investments