Managers of Wealth Asia Pacific

Prudential Sets Up Advisory Firm in Singapore

The firm’s product shelf will include wealth solutions and general insurance, including travel and motor insurance.

Malaysia fund launches, prices plunge in 2022 as rate hikes roil global markets

Affin Hwang Income Fund 6 was the biggest of the 44 new funds at US$113.44 million. The fund was launched in January 2022.

Global private equity market has “turned the corner”, Church Pension Fund says

Church Pension Fund, a sponsor and administrator of pension and other benefit plans for the Episcopal Church, had around US$18.4 billion of investable assets as of March 2022.

China’s central bank injects fresh funds through medium-term loans, rate unchanged

With 700 billion yuan worth of MLF loans set to expire this month, the operation resulted a net 79 billion yuan fresh fund offering.

Prudential sets up financial advisory firm offering wealth solutions, general insurance

The new firm will add to Prudential’s existing distribution channels, which include more than 5,000 financial consultants, bancassurance partners as well as digital channels such as the Pulse by Prudential app.

Saxo becomes SEHK participant primes for growth with HSBC as partner

To maximize operational efficiency and fulfil general clearing obligations, Saxo has appointed HSBC as its Third Party Clearing provider.

Hong Kong’s MPF loses 15%, may see double-digit bounce in 2023

“But market sentiment has already turned around,” GUM says. “MPF began to bounce back since November after almost a year-long bear run. GUM expects the fund is likely to see a double-digit return in 2023.”

Franklin Templeton Opens New Office in Korea

Franklin Templeton has offices in over 30 countries housing approximately 1,300 investment professionals. As of 30 November 2022, the California-based company had around $1.4 trillion in assets under management.

Singapore managers upbeat on Asian markets but fret about inflation, global slump, poll finds

The survey covered more than 50 respondents comprising mostly C-suite executives of fund houses in Singapore.

CBRE wins US$3 billion property mandate from Singapore’s Income Insurance

As our investment is diversified across physical properties and funds in Singapore and abroad

BlackRock overhauls Australian equities business

Pendal Group had been tasked with working alongside BlackRock’s global manager research function within Multi-Asset Strategies and Solutions (MASS) to align the BlackRock High Conviction Australian Equity Fund with its ‘Focus’ strategy.

Alibaba, Tencent fall after report of Beijing taking ‘golden shares’

Chinese state organs have for years invested billions of dollars into high-profile private start-ups, from Didi Global to billionaire Jack Ma’s Ant Group.

Standard Chartered explores strategic alternatives for aviation unit

The aviation finance business represents around 2 per cent of total Group income and around 1 per cent of Group RWA.

Calastone Opens New Office in Taiwan

Taiwan’s fund industry has grown steadily in recent years to $177 billion in 2021 and according to Calastone, the firm provides automated cross-border fund processing to over 80 percent of fund distributors in the market.

Shanghai Futures Exchange and Shanghai International Energy Exchange Release Trading Volume Statistics for 2022

Rebar and silver options were listed for trading on SHFE at 9 am on December 26, 2022.

HSBC makes “strategic investment” in China healthcare firm

London-based HSBC had US$2.9 trillion of assets as of September 2022.

HSBC invests in MediTrust in mainland China and will partner to offer a broad suite of healthcare solutions

HSBC and MediTrust will donate essential medical equipment for elderly in the second and third tier cities.

Philippines launches benchmark-sized global bond offer: term sheet

BofA Securities, Deutsche Bank, Goldman Sachs, HSBC, Morgan Stanley, Standard Chartered Bank and UBS were tapped as joint lead managers and joint bookrunners.

Hong Kong’s eMPF falls behind schedule, contractor PCCW gets warning

“The contractor estimated the whole schedule will be delayed for eight months from the original plan,”

Hong Kong group urges portability of social security benefits across Greater Bay Area

“A greater portability of social security benefits will be needed across the GBA,”

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