Managers of Wealth Asia Pacific

India enters green bond market with US$1b debut auction

The insurance industry regulator will allow the bonds to count towards insurers’ required infrastructure investments.

Asia Gold-China demand slows ahead of holiday; Japan, Singapore cash in on high prices

Indian jewellers hope for reduction in gold import duty

Brighter Super revamps board structure

The independent directors are Ron Dewhurst and John Smith.

IQ-EQ appointed to administer TR Capital’s Fund V

This mandate involves both IQ-EQ Hong Kong and IQ-EQ Luxembourg

HSBC eyes bigger slice of super pie

We appreciate the support provided and value added for our member funds across the profit-to-member sector by our partners, particularly by HSBC

Dah Sing Bank and Sun Life Join Forces in 15-Year Exclusive Bancassurance Partnership in Hong Kong

Sun Life will pay an amount of HKD 1.5 billion (approximately C$260 million)3 for this exclusive arrangement, with ongoing variable payments to Dah Sing Bank based on the success of the partnership.

360 ONE acquires Mumbai Angels; announces two new funds with them

Mumbai Angels, one of the largest players in the early-stage investment space, will now be looking at a greater funnel of deals, with a deeper penetration in the early-stage startup pool.

Indonesia, Malaysia enter final laps of rate-hike cycle

The two countries face similar circumstances with headline inflation off their peaks while the core gauges were still running hot.

Spaceship reduces headcount, reorganises executive team

It added that the changes serve to reduce costs, but the strategy and core business remain unchanged.

Korea Post seeks investment adviser for foreign equities

Applications are open until January 31.

Mizuho adds 20 traders from Credit Suisse in US markets push

Credit Suisse, for its part, is in the midst of a costly restructuring that includes cutting 9,000 jobs and disposing of large parts of its investment bank.

Korea tech firm Kakao gets 1.2 trillion won investment from Singapore, Saudi wealth funds, report says

PIF had $620 billion of assets under management as of end-March 2022.

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.

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