12/06/2023
Moody's downgrades China sovereign credit outlook to negative
Retains A1 rating
Alternative Investments
12/05/2023
State Street to Further Consolidate Operating Model in India
Advances Next Phase of State Street’s Transformation and Productivity Plan
12/04/2023
The merits of Cayman and Luxembourg parallel funds for Asian managers
Luxembourg is an attractive choice when a more global offer
12/04/2023
Singapore records net inflows for fixed income and equity funds during Q3 – Morningstar
The positive inflows into bonds and equities during the third-quarter belied an overall mixed outlook.
11/29/2023
State Street Announces Winners of the 2023 Institutional Press Awards Asia Pacific
The marquee Award for Outstanding Contribution to Institutional Journalism, which is nominated and voted by the judges, was given to Tim Burroughs, editor of Asian Venture Capital Journal (AVCJ).
11/27/2023
China-Based Zhongzhi Reveals Liabilities of up to USD64 Billion Amidst Property Sector Crisis
Zhongzhi has substantial exposure to the Chinese real estate sector and expressed its apologies to investors.
11/27/2023
Hong Kong to launch China treasury bond futures
The Mainland Government and regulators strongly support the launch of China treasury bond futures in Hong Kong.
11/17/2023
China Huarong Asset Management Shares Soar on Citic Stake Buy
Huarong will acquire a 5.01% stake from Citic Polaris, a wholly owned unit of Citic Ltd., it said in an exchange filing late Wednesday.
11/16/2023
Ping An-Backed Financial Firm Acquires Virtual Bank
PAOB and Lufax share the same vision of leveraging financial technology to promote financial inclusion.
11/14/2023
Banking Chiefs Call Bottom for China Real Estate
Some banks are optimistic that China’s real estate market may have seen the worst.
11/14/2023
Vanguard Confirms Exit from China, Shifts Strategy Amid Market Changes
Vanguard maintains a positive outlook on the Chinese market.
11/13/2023
VBP adds to leadership team amid Elixir acquisition
As part of the acquisition, the Elixir team will relocate to VBP offices in various locations across Australia following the transaction close.
11/13/2023
Indonesia wealth fund and Japan’s DBJ ink pact to explore hybrid capital opportunities
Hybrid capital, or synthetic security, is a fixed income financial instrument with both equity and debt properties.
11/09/2023
Japanese Insurer Adds Singlife Stake
Following the latest transaction, Sumitomo Life will hold a stake of a little over 27 percent.
11/07/2023
Japan pension giant GPIF’s investments swing into the red
The GPIF had 219.32 trillion yen of assets under management as of September 2023
11/03/2023
IQ-EQ launches ‘Shadow GMT’ employee mentorship initiative
The Shadow GMT will operate just like the real GMT, considering and debating the highest value strategic issues facing the business, generating new ideas and informing the GMT’s thinking.
11/03/2023
Zurich enters Indian general insurance market with Kotak Mahindra Bank
It is anticipated that this transaction will represent the largest foreign insurer investment in the Indian insurance sector since the regulatory changes allowing majority foreign ownership came into effect in 2021.
11/03/2023
Korea’s Teachers’ Pension opens tender for US$70 million global equity mandate
Asset management firms bidding on the tender must be Korea-registered fund houses.
11/03/2023
Singapore’s GIC buys 35% of Europe’s Hotel Investment Partners from Blackstone
The private equity firm remains the majority shareholder with around 65% shareholding after the sale of the stake to GIC.
10/27/2023
Hong Kong unveils measures to bolster financial market, plans more RMB products
To strengthen the offshore RMB business, he says Hong Kong will introduce more China government bond futures and RMB products.