08/11/2015
Rise in Japan’s defined benefit segregated pension assets in 2014/2015
According to a report from Nomura Research Institute, 80% of EPFs’ assets are expected to be transferred to the government by April 2019.
Alternative Investments
08/11/2015
China policy lenders to issue 15 bln yuan in bonds offshore
Reuters reported in June that Chinese regulators would allow mainland financial institutions to directly issue bonds in Taiwan
08/10/2015
BlackRock is big Japanese pensions winner
The rise saw BlackRock become the second-largest manager of defined benefit pension assets in Japan behind Sumitomo Mitsui Trust
08/10/2015
Japanese investors may add U.S. munis to portfolios
Some pension clients not overly concerned about eventual rate increases could be attracted to munis because of their relative stability in “flight-to-quality” situations
08/10/2015
6 foreign insurance firms woo Philippine National Bank
It is the only bank of significant size and financial stability that will make sense for a foreign player to join forces
08/10/2015
PE fund for African and Asian startups raises $150m
The inaugural fund has attracted investment from a diverse range of investors including international banks
08/07/2015
Private equity firms keen on Singapore’s CWT in logistics boom-sources
The logistics business has decent growth rates and that works nicely for sponsors
08/07/2015
CIFM becomes first Mainland manager to obtain QDLP
A CIFM’s spokesperson told Asia Asset Management that the firm has been granted a QDLP quota of US$100 million.
08/07/2015
Canadian manager wins first RQFII licence in N America
The asset management arm of a giant Canadian wealth firm has won the first RQFII licence in North America, months after it established a Hong Kong office.
08/07/2015
Sun Life prepares to open HK asset management firm
Roger Steel, Asia president for new markets and business development, said that the new Sun Life Investment Management unit will likely start operations this year
08/07/2015
Behind enemy lines - foreign hedge funds thrive in China
Since peaking in June, the Shanghai and Shenzhen markets have fallen nearly 30 percent
08/07/2015
Pramerica buys Deutsche Bank’s asset management business in India
Pramerica Asset Managers Pvt. Ltd. is a wholly owned subsidiary of Prudential Financial, Inc of the US and is the asset management company for Pramerica Mutual Fund, registered with Securities & Exchange Board of India.
08/06/2015
PSPF grants funding for global real estate equity mandate
PSPF has yet to finalise the schedule to grant the remaining US$150 million for the global infrastructure equity mandate to the two managers.
08/05/2015
Government plans to issue Samurai bonds worth 100 billion yen
The RIJPY0818 and RIJPY0820 are the first to be issued without a Japan Bank for International Cooperation (JBIC) guarantee, with diversified investors in the Japanese debt market.
08/05/2015
SAFE distributes US$960 million in QFII quotas
The move extends the total quotas under the scheme to 276 entities and a value of US$76.5 billion.
08/05/2015
Global Real Estate Crowdfunding Site Wealth Migrate Looks to Asia for Rapid Expansion
Recently Picken was traveling in China addressing a crowdfunding conference and speaking with potential partners.
08/05/2015
Alpha Fund Managers Add AllianceBernstein Global Equities Fund To Multi-Manager Portfolio
Global asset manager AllianceBernstein announced today that multi-manager Alpha Fund Managers has become the initial investor in the AllianceBernstein Global Equities Fund.
08/05/2015
Nomura Asset Management to launch JPX-Nikkei 400 ETFs
From the listing date, investors will be able to trade the ETFs on the TSE through securities dealers and traders in Japan.
08/05/2015
Global Real Estate Crowdfunding Site Wealth Migrate Looks to Asia for Rapid Expansion
Scott Picken is based in South Africa but he clearly thinks big when considering the addressable market for his real estate crowdfunding platform Wealth Migrate.
08/05/2015
Sundaram Finance to exit BNP Paribas Sundaram Global Securities
BNP Paribas Sundaram Global Securities Operations Private Limited provides securities services and investment operations solutions to financial intermediaries, institutional investors.