09/19/2022
Malaysia fund industry assets drop as investors fret rate hikes may derail global economy
The regulator typically posts the data without providing analysis.
Alternative Investments
09/19/2022
Japan’s Nippon Life extends transition loan to Sumitomo Chemical for LNG facility
Transition financing refers to loans or bonds that allow companies to begin making the shift from carbon intensive to carbon neutral operations in the fight against climate change.
09/19/2022
ETF Securities rebrands following acquisition
The rebrand to Global X ETFs builds on a legacy for investors that’s beyond ordinary via quality research, the deep balance sheet of our parent company
09/16/2022
Singapore Beefs Up Job Creation Drive in Finance
As part of the ITM, another S$400 million has been granted to fund its 'Talent and Leaders in Finance’ program from 2021 to 2025.
09/16/2022
Philippines pension funds SSS and GSIS in talks to invest in infrastructure, report says
“Anything to improve the overall infrastructure of the Philippines, we definitely want to invest on that because that will be the one that will give us the best returns as a nation,”
09/14/2022
Apex Group continues New Zealand growth with acquisitions
The addition of IIS will extend the geographic reach of Apex Group’s existing fund management company and distribution services currently delivered via FundRock and LRI subsidiaries.
09/14/2022
Singapore’s GIC and Hong Kong’s ESR launch third Australia logistics fund
The respective equity commitments of GIC and ESR was not disclosed.
09/14/2022
Nippon Life India and DWS list Indian government bond ETF in Germany
“Through this collaboration, we give our clients access to the attractive Indian bond market. Nippon Life India Asset Management brings in its deep knowledge of the Indian fixed income market,”
09/14/2022
Accenture brings CEO-led Transformation service line to the region
Commenting on the new capability, Gaston Carrion, a Managing Director and Leader of the Talent and Organisation practice in Australia
09/13/2022
Malaysia’s pilgrimage fund plans to add foreign sukuk into portfolio
TH’s current strategic asset allocation covering the period from 2019 to 2022 has 58% in Malaysian sukuk, 18% in Malaysian stocks, 5% in foreign stocks, 11% in real estate, 3% in private equity, and 5% in cash.
09/13/2022
Australia’s Aware Super launches real estate investment arm
McNally says Aware Real Estate will focus on sites close to key urban infrastructure such as hospitals, schools and transport, which will draw employees of these places as tenants.
09/13/2022
LaSalle Investment’s sixth Asia opportunity fund raises US$2.2 billion
The Chicago-based firm had $82 billion of assets under management as of March 2022.
09/13/2022
Depleting reserves spell risks for emerging Asian currencies
The deterioration indicates that central bank intervention to support local currencies might be much more limited going forward
09/09/2022
Worst bond market ever pushes Asian firms into short-term loans
Those getting loans of no longer than one year in 2022 include Indonesian energy company Pertamina and Chinese miner Tianqi Lithium, according to data compiled by Bloomberg.
09/09/2022
India regulator mulls letting private equity funds own asset management firms, report says
Under current regulations, sponsors that want to invest in a mutual fund company are required to have been in the financial services business for at least five years
09/09/2022
Credit Suisse buys out partner in China joint venture
The Swiss bank will acquire the 49% held by Founder Securities for CHF 190m, giving it full control of the operation.
09/08/2022
Philippines’ SSS has 50% members who don’t contribute actively, report says
SSS manages the retirement savings of private sector employees and the self-employed.
09/08/2022
Shanghai Postpones Key Financial Forum
The announcement was made yesterday for the forum which was originally scheduled to run today and tomorrow.
09/08/2022
Cambodia launches first tranche of inaugural 1.22 trillion riel sovereign bond report says
The law to allow the government to sell bonds was passed in December 2020.
09/08/2022
Hedge fund Capstone eyes US$1.5b Asia investments
Capstone is a rare recent foreign entrant to the Hong Kong hedge fund industry, amid concerns about political tightening and Covid restrictions.