Managers of Wealth Asia Pacific

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.

BOCHK seizes Special Purpose Acquisition Company (SPAC) business opportunities by collaborating with BOCPT to launch new escrow account service

The new service is tailored to meet the escrow requirements for gross proceeds raised by SPACs during initial offerings under the Listing Rules, along with references to similar experiences in other markets, so as to ensure that the SPACs will follow the

Hong Kong’s MPF assets hit by worst investment loss in two years

The MPF had over 4.5 million members as of March 2022

Fixed Income Investment Outlook 3Q 2022 - Value Partners Group

Nevertheless, we believe it may still be a bit early for a Fed pause scenario.

Singapore’s GIC buys 50% stake in Charter Hall’s A$1.5 billion Melbourne office tower project

The wealth fund doesn’t publicly disclose its assets data.

Allspring Global Investments opens Tokyo office and announces senior hire

Allspring has decided to open up its first local office to further enhance the service and support offered to local partners and their clients in this important market.

FTSE Russell launches new sustainable investment benchmarks for bonds

“As investors look to align their portfolios with their ESG values, we have developed a thorough methodology to enable investors to exclude issuers based on their conduct or product involvement in specific sectors,”

Korea’s KBIZ opens tender for 260 billion won private equity mandate

This is the second time KBIZ is outsourcing investments this year.

Singapore’s Temasek, Brazil’s Votorantim form US$700 million fund to invest in Brazilian firms

Temasek had a net portfolio value of S$403 billion ($292.3 billion) as of end-March 2022.

Alts Manager Waterfall Opens First Asia Office

The US alternatives manager focuses on investing in asset-backed credit and has $10.65 billion in assets under management, according to the statement, as of April 30 this year.

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.

North adds 12 managed portfolios to investment menu

Super and retirement

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.

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.”

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,”

Former HKMA Chief's SPAC Completes IPO

The newly listed SPAC features a star-studded roster of financial heavyweights as owners.

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.

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.

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.

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”.

Alternative Investments