09/05/2022
ASIC releases July and August 2022 financial adviser exam results
To date 20,148 candidates have sat the exam
Alternative Investments
09/05/2022
Tiger Brokers (Singapore) launches TradingFront, a platform bringing financial advisory services to clients
The launch of the platform will initially see the onboarding of financial advisors from five partner firms.
09/02/2022
APRA releases 2022 MySuper performance test results
APRA Member Margaret Cole said the overall results highlighted the improved outcomes that have been achieved for superannuation members over the last 12 months.
09/02/2022
Singapore’s Temasek, HSBC set up infrastructure debt financing venture firm
Nargolwala is chairman of Singapore Pools and also sits on the board of local private equity firm 65 Equity Partners.
09/02/2022
AXA Investment Managers names Pierre-Axel Margulies as China country manager
Shanghai-based AXA SPDB Investment Managers had 345.46 billion RMB (US$50.13 billion) of assets under management as of end-2021.
09/01/2022
Japan property lures private equity with solid yields, prospective deals
KKR’s Japan investments have for years focused on acquiring companies, but in March it signalled a move into the local property market when it announced a 230 billion yen (S$2.3 billion) acquisition of a Japanese real estate asset manager.
08/31/2022
A quarter of retirees will die with their super wealth intact
Almost 23 per cent said they did not want to spend their capital in retirement, and instead live off earnings.
08/31/2022
Bridgewater Associates Opens Office in Singapore
Bridgewater is considered the largest hedge fund in the world with approximately $150 billion in assets under management.
08/29/2022
Carlyle Forms Credit JV in Australia and New Zealand
The platform will manage two primary strategies: one focused on delivering stable, income-oriented returns from Australian
08/29/2022
Philippine pension fund SSS’ first half net income down 21% on higher expenses
Total assets as of end-June was 710.43 billion pesos, up from 702.4 billion pesos at the end of last year.
08/29/2022
DWS and KB Asset Management form strategic alliance in Korea
Frankfurt-based DWS had 833 billion euros (US$830 billion) of assets under management as of June 2022.
08/29/2022
China’s bad debt funds are no white knights in property crisis
The savior role is one the asset management companies, or AMCs, were set up to play in the wake of the Asian financial crisis as Chinese banks teetered on the brink of collapse.
08/29/2022
Lightnet Receives $50 million capital commitment from LDA Capital to Boost Velo Blockchain Technology
Global alternative investment group, with expertise in innovative, cross border transactions, adds next generation financial infrastructure to its investments portfolio
08/29/2022
Super trustees urged to improve effectiveness of target market determinations
Clear target market determinations with appropriate underlying review triggers and controls, point to a trustee’s sound understanding of their product and the design and distribution obligations.
08/26/2022
Indonesia's wealth fund to invest in expansion of port in Malacca Straits
The deal, the value of which was not disclosed, is part of a $7.5 billion partnership between the Indonesia Investment Authority (INA) and Dubai-based DP World
08/26/2022
Singapore Keeps Landing Knockout Blows on Hong Kong
Just take a few headlines from just this past week starting with the finews.asia report that the city-state expects to lead the Asia Pacific as the market with the highest proportion of millionaires by 2030.
08/26/2022
CountPlus’ wealth division sees increase in advisers and firms
The listed advice group has released its FY22 results
08/25/2022
SGX Expects More Demand from US-Listed Chinese Firms
Last month, SGX signed an agreement with the New York Stock Exchange on various matters including the enhancement of collaboration on dual listings.
08/24/2022
Korea Post seeks managers for 800 billion won venture capital mandate
Applications are open until September 5, with evaluation and manager selection scheduled by the end of October.
08/24/2022
Singapore’s Frasers Property sets up fund management unit
Frasers, which is listed on the Singapore Exchange, owns, develops and manages a diverse property portfolio with total assets of S$38.7 billion (US$27.72 billion) as of end-2021.