08/11/2022
Manulife core profit drops on asset management, Asia sales challenges
They also noted that lingering Covid-19 restrictions in Asia could prove a challenge, a headwind the company had flagged in its previous quarterly results announcement.
Alternative Investments
08/11/2022
North adds 12 managed portfolios to investment menu
Super and retirement
08/11/2022
Barings Acquires Australian Property Firm
As of March 31 this year, Barings’ global real estate platform managed a total of $48.9 billion in AUM.
08/10/2022
Australian Eagle team to join Montgomery
“The partnership delivers on our strategy to form alliances with leading managers in Australia and overseas to offer clients more investment choices amid changing market conditions.”
08/10/2022
Japan’s GPIF equity investments hit as markets slammed
“With the highly persistent volatility [in market conditions, the pension funds are] unlikely to see a sharp rebound in their second-half performance,”
08/10/2022
Former HKMA Chief's SPAC Completes IPO
The newly listed SPAC features a star-studded roster of financial heavyweights as owners.
08/09/2022
S&P Dow Jones Indices launches benchmarks to track dry bulk freight markets
Capesize and Panamax are the largest and second largest standard sizes of dry bulk carriers.
08/08/2022
Suncorp NPAT falls by a third
The firm would pay a final fully-franked ordinary dividend of 17 cents per share, which represented a 75% payout ratio.
08/05/2022
Macquarie Asset Management agrees to acquire Polish last-mile logistics facility
The complex is fully-leased to seven local and international tenants and has been awarded a ‘Very Good’ rating under BREEAM’s sustainable building certification scheme.
08/05/2022
Japan’s Dai-ichi Life invests 300 million yen in local renewable energy startup
According to Dai-ichi Life, its investment in the startup will “have a positive impact on society by reducing carbon dioxide emissions and mitigating climate change”.
08/05/2022
Taiwan’s BLF funds incur record first-half investment loss
The BLF noted that factors such as the Russia-Ukraine war, US inflation risk and global supply chain disruptions continued to weigh on corporate earnings and global economic growth, with stock markets plunging 20% and bond markets shrinking 15% in the fir
08/05/2022
Ministry of Finance issues Renminbi Sovereign Bonds through Central Moneymarkets Unit of Hong Kong Monetary Authority
Please also find attached the tender-related information provided by the Issuing and Lodging Agent through the HKMA.
08/04/2022
Japan’s Sumitomo Mitsui DS opens China unit, eyes US$2 billion of business
In an interview with Asia Asset Management, he says the firm aims to operate private fund management business and will focus on offering value-added products, such as those under the qualified foreign institutional investors scheme, which includes Chinese
08/04/2022
Malaysia’s KWAP aims to become 200 billion ringgit pension fund by 2025
The workstreams have been tasked to implement 44 initiatives, such as realignment of the front, middle and back offices and refining a group-wide governance framework.
08/04/2022
Dozens of US-Listed Chinese Firms Don't Qualify for Hong Kong Bourse
US and Chinese regulators continue negotiations to reach an agreement with the hopes of preventing mass delistings.
08/04/2022
APAC private equity is entering a brave new world and smart strategy is vital
Pricing in particular, as well as legal considerations of the detail of the limited partnership agreements, needs to be carefully considered as part of the transactions.
08/03/2022
Singapore’s GIC chief warns inflation headwinds put 40 years of gains at risk
GIC was born in 1981, when US inflation approached 10% and long-term interest rates were at 14%.
08/03/2022
Evergrande: Unit ordered to pay $1.1bn over unpaid debt
in a statement to the Hong Kong Stock Exchange
08/03/2022
Thailand mutual fund assets slump as rate hikes prompt bond outflows
According to a fund manager at a Thai asset management firm, investors were spooked by global interest rate increases and the ongoing Russia-Ukraine war.
08/03/2022
Korea’s Teachers’ Pension seeks bids for 400 billion won blind fund mandate
Applications are open until August 23 with evaluation and manager selection scheduled by the end of September.