Managers of Wealth Asia Pacific

Myanmar slowly adapts to embracing financial investors

These developments have made Myanmar attractive for foreign investors, also in part because of its strategic location between giants China and India.

From vintage cars and yachts to islands and game reserves...

From luxury jets and yachts to villas, resorts and islands, we take a look at Mallya’s prized possessions, and what all have been taken away from him

Koreans offer hottest properties for sale

Korea has long been focused on the UAE and GCC to attract investments into the second biggest Asian economy.

AIA: Chinese Can’t Have Enough Hong Kong Insurance; Deutsche Now Sees 25% Upside

We found out yesterday that capital fled China in August at its fastest pace since January. China’s foreign currency reserves fell $16 billion from July.

Sotheby’s IR partners with Juwai to target China

As an international brand, the global representation of Sotheby’s IR on Juwai.com is the most extensive, with listings of luxury properties in 65 countries and territories.

Point72 Opens Blue Swell Asia Unit for Manager Seeking Autonomy

Point72, which manages $11 billion, and its predecessor SAC Capital Advisors over the years have started similar divisions for some fund managers seeking more freedom, including the creation of a quantitative unit called Cubist Systematic Strategies.

SocGen set to join exodus from Chinese mutual fund industry

Reuters reports the move is due to “cut-throat” competition from Chinese firms

Hang Seng Bank opens Qianhai venture to sell mutual funds to 1.3 billion people

The venture will be applying for permission from the China Securities Regulatory Commission to sell a mutual fund product comprising a mixture of mainland bond and A-shares investment funds.

Using fintech to improve Indonesia’s financial inclusion

Although the history of financial provision dates back more than 100 years ago, the unbanked population in Indonesia is still large.

PHL gov't raises P65 billion from RTB offering

Data released by the Bureau of Treasury revealed P65 billion was awarded

How the rich invest: Bennelong's Jeff Chapman picks the right stock pickers

The Australian Financial Review looks at how the wealthy are making money for our column, How the rich invest.

Korea's wealthy driving hedge funds, ETFs up

This time around, the outflow of money is being led by redemption of domestic stock funds

KKR preparing to launch new Asia fund by year-end, seeking a record $7 bln

KKR declined to comment on its new fund.

Top DBS banker hired by China’s Everbright

China’s Everbright Securities Co, is stepping up its expansion in the city with a slew of hires from competitors

AllianceBernstein to acquire asset manager

AllianceBernstein has announced a definitive agreement to acquire Ramius Alternative Solutions LLC, a global asset manager with more than US$3 billion in funds under management as at 1 July 2016.

Everbright said to hire top DBS banker Jerry Tse in Hong Kong push

MrTse will run the Shanghai-based firm's investment bank and principal investments business

Japan announces US$30 billion financial support for Africa

Part of this amount will be allotted through cooperation with the African Development Bank.

KB Financial Group explores sale of Hyundai Savings Bank

The group said it plans to sell the savings bank unit within two years after Hyundai Securities merges with the firm.

China Grand Prosperity Investment to manage Nanjing Jianbei Fund

With initial committed capital of RMB2 billion

Railway ministry plans $5 billion fund to finance projects

Railway ministry’s proposed fund, to be anchored by the World Bank, will be of seven years

Alternative Investments