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.
Alternative Investments
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.
08/23/2022
Sun Life Hong Kong launches upgraded Stellar (18-pay) First-in-market Death Benefit Settlement Option to cater to the needs of comprehensive legacy planning
Sun Life Hong Kong also announced the launch of the SaveFast Endowment Plan
08/22/2022
KPB recommends investment in alternative assets which are attractive
KBank Private Banking has announced its investment strategies, focusing on five alternative assets in order to "Increase Options for Survival" in an era of economic volatility wherein conventional investment may not be the right answer.
08/19/2022
Singapore bourse sees listings continue growing if markets conditions stabilise
Total assets under management of exchange-traded funds on the SGX jumped 31.58% to S$12.5 billion from S$9.5 billion a year ago.
08/19/2022
FountainCap Wins Asset Management Company of the Year Award
The Awards are rigorously scrutinized by The Asset‘s board of editors to honor the awardees performing well each year.
08/18/2022
Hong Kong funds continue to see outflows
Fixed income funds domiciled in Hong Kong lost one-third of assets year-over-year, according to data from the market’s watchdog.
08/18/2022
Eastspring eyes recovery for China A shares
Chinese equities look poised to benefit from an economic rebound in the coming months, especially in sectors linked to electrification and technology, according to Eastspring Investments.
08/17/2022
Southeast Asia venture capital deals hit new record US$20 billion in 2021
ASEAN comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
08/17/2022
Fiducian Group posts record net inflows
“As is always the case, the recent market volatility may likely be offset by strong share market growth in years to come and we intend to capitalise on this transformation for the benefit of our shareholders, stakeholders and people.”
08/17/2022
Freedom Insurance customers should come forward for remediation
Asking about and accessing remediation is free for customers.
08/16/2022
Hong Kong’s ETF IPOs slammed by market volatility, China worries
China’s economy grew just 0.4% in the second quarter, the slowest pace in two years, underscoring the impact of lockdowns to curb the spread of Covid-19.