06/24/2022
Blackstone Completes Acquisition of Crown Resorts in the Firm’s Largest Investment to Date in Asia
As one of Australia’s largest entertainment groups, Crown makes a major contribution to the Australian economy.
Alternative Investments
06/23/2022
Malaysia’s EPF warns soaring inflation, rate hikes will dampen global markets
“Inflationary concerns, supply chain disruptions and tightening of monetary policy by major central banks are likely to continue to dampen both the equity and bond markets,”
06/23/2022
APRA publishes additional FAQs on Phase 1 of the Superannuation Data Transformation project
APRA has also updated Historical Data FAQ 1.0 to reflect a three-month extension to the due date for some types of investment options.
06/23/2022
Apollo partners with Hostplus to launch $1.25 billion Asia Pacific Credit Strategy
Multi-sector, yield-focused mandate leverages Apollo’s origination and credit expertise in APAC Region
06/22/2022
SMFG in Talks for SBI Stake
Bloomberg reported that representatives of SMFG and SBI had said nothing had yet been decided.
06/21/2022
DBS turns unsecured loans into trade finance for SMEs
DBS intros data-analytics credit facility with the Hong Kong chapter of trade-standards provider GS1.
06/20/2022
Wellington targets Hong Kong retail funds
The investment management firm launches four investment funds for local investors.
06/20/2022
Australia BNPL Acquisition Deal Collapses
The market didn’t take the news well.
06/20/2022
Korea’s Mirae Asset acquires Australia’s ETF Securities
The deal gives them the opportunity “to add instant scale in the Australian market”, and ETF Securities’ lineup of thematic, commodities and digital asset strategies also complement the “innovative and intelligent ETF solutions
06/15/2022
ETF Securities acquired by Mirae Asset
“This acquisition underscores Mirae Asset’s continued commitment to maintaining industry-leading ETF businesses in key markets around the world and brings immediate scale to our operations in Australia.”
06/14/2022
Japan’s Dai-ichi Life’s latest impact investment focuses on Africa
Dai-ichi Life had 37.46 trillion yen of total assets as of March 2022.
06/13/2022
Singapore’s Frasers Hospitality Trust Proposes to Go Private
BofA Securities Inc., DBS Group Holdings Ltd. and Oversea-Chinese Banking Corp. are advising on the transaction.
06/13/2022
S'pore resident buys entire floor of Suntec City Tower 2 for $38.8 million
The well-thought-out renovation also suited his immediate needs.
06/10/2022
Leading wealth management marketers recognised
The two organisations to win multiple awards were Aware Super, Australia's third largest superannuation fund, as well as trading platform and superannuation fund, Superhero.
06/07/2022
GIC Veteran Tapped by Yangzijiang Financial
The company acquired GEM Asset Management in April, which gave it entry into the fund and wealth management businesses and their potentially higher sources of recurring fee-based income.
06/07/2022
Barrow Hanley Global Share Fund (managed fund) (Asx: Glob)
Barrow Hanley was part of Perpetual and a leader in global value investing.
06/07/2022
IFA association launches in Australia
It is only interested in established advisers with a clean history.
06/06/2022
CEO appointment fails to stem Magellan outflows
Global equities saw a decline of 7.3% month-on-month while Australian equities declined 8%.
06/06/2022
Ford Scott partners with Otivo
Adviser Ratings research highlighted there were hundreds of thousands of clients who were no longer able to access advice due to increasing costs
06/01/2022
Barings backs Asian equities amid volatility
Several themes are shaping the outlook for Asian equities, from regulatory crackdowns and localised lockdowns in China, to supply chain disruptions and rising inflation.