Managers of Wealth Asia Pacific

Finalisation of proceeds and earn-out from Global Equities and Fixed Income sale

Our business

Philippine pensions dropped as funders of sovereign wealth fund after backlash

Many members of GSIS and SSS, the largest pension funds in the Philippines, had objected to the original proposal, arguing that the pension money belong to them, and voicing concern about potential mismanagement.

FTSE Russell and Ping An Insurance launch new China ESG benchmark

This partnership affirms FTSE Russell’s commitment to this market and we look forward to working closely with Ping An to advance the expansion of sustainable investing in China

Indonesia’s INA and Danish fund to seek US$500 million of green investments

IFU CEO Torben Huss says the pact with INA provides a “good platform for assisting private companies to engage in greening the Indonesian economy".

UK alternatives firm ICG forms Asia Pacific infrastructure team

ICG says the Asia Pacific infrastructure market is expected to expand 7%-8% a year over the next decade, and that forming the team “underpins the firm’s commitment to growing its investments in sustainable infrastructure globally”.

Japan’s economy could enter a recession in 2023, economist says

That would mean it’s already headed for what is commonly categorized as a technical recession, defined as two consecutive quarters of negative growth.

Taiwan’s PSPF sees NT$59.79 billion investment loss after ten months of red ink

The pension fund’s internally managed equity portfolio lost NT$33.8 billion through October 2022.

Mercer identifies investment opportunities for 2023

"Natural resource stocks provide such revenues, and - despite the performance of underlying commodities - are still arguably under loved given underserved global energy and materials demand,"

Crescent Wealth responds to PDS error criticism

Crescent Wealth stated that for most of its members, the fund's misreporting against RG97 has had no effect on account balances.

Singapore on the Rise as Hedge Fund Hub

The sharpest increase occurred in the second half of 2019 during the peak of political unrest in Hong Kong.

HKEX Launches Hang Seng TECH Index Futures Options and Further Enhances Existing Hang Seng TECH Index Derivatives Products

Investors holding an OOF will now have the opportunity to manage their risk with reference to a futures position on HKEX, prior to the settlement of the underlying futures contract.

APRA publishes first guide for bank board directors

APRA Chair John Lonsdale said the guide will be a useful reference point for boards as they navigate the dozens of different prudential standards and prudential practice guides (PPGs) that make up APRA’s prudential framework for ADIs.

Temasek to open third European office in Paris

These opportunities are aligned to the four structural trends - digitisation, sustainable living, future of consumption and longer lifespans - that guide our investment focus.

Singapore’s Lion Global Investors wants to embed AI in more funds, CEO says

“AI and machine learning cannot do much by itself unless properly applied. You still need human beings to contextualise it so that the resulting portfolio makes sense,”

Thailand’s GPF head says investors don’t doubt ESG now but the ratings can be “confusing”

The roundtable was attended by over 100 participants, including from pension and social security funds, asset managers and regulators.

Two Perpetual funds receive interim stop orders from ASIC

ASIC expected Perpetual to consider the concerns raised regarding the TMDs and take immediate steps to ensure compliance.

Experian to run Singapore BNPL credit bureau

“We’ve been operating BNPL bureaus in the United States and the United Kingdom, and this would be the first step in bringing our global expertise into the region.”

Companies deleveraging while households gear up to buy property: MAS financial stability review

Heightened financial vulnerability from tighter financing conditions, crypto and climate risks

Ox Capital Management launches ex-Japan Asian equities fund

Ongoing fund charge 90bps

Malaysia’s Sarawak state passes law to set up sovereign wealth fund

Malaysia has two federal sovereign wealth funds. One, Khazanah Nasional, was set up nearly three decades ago, and had 106 billion ringgit (US$24.10 billion) of assets under management as of end-2021.

Alternative Investments