Managers of Wealth Asia Pacific

China Reopening: Dry Powder Will Boost Asset Management

The end to quarantine and easing of other Covid restrictions in Chinese Hong Kong and the Chinese Mainland have been a promising start to 2023.

ADDX tokenises global macro hedge fund Asia Genesis by top veteran trader

In 2009, JMF was one of Singapore’s largest macro hedge funds, with approximately US$800 million in assets under management (AUM), having grown 100 times from an AUM of about US$8 million in 2000.

Prudential to set up operation in Macau

It will offer life and health insurance solutions in the special administrative region

Knight Frank and Berkadia form international alliance

The platform spans all major capital hubs and sources of capital, including the US, Asia Pacific, Europe, the UK and Middle East

GMG to ramp up growth in Southeast Asia, aims to launch 100 stores by 2025

The company has opened 31 stores across Malaysia, Singapore, and Indonesia since entering the SEA market in 2020

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.

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