Managers of Wealth Asia Pacific

Mirae to launch local ETF suite

"Mirae bought Global X in 2018. At that point, it was an American-only ETF provider that had about $16 billion in assets. That now sits at about $50 billion,"

Philippines’ regulator to allow investment management firms to set up umbrella funds

Each sub-fund’s name must indicate the type, such as equity, bond, balanced, or multi-asset.

AIA announces sale of Australian savings business

The transaction is subject to regulatory approval.

Thailand to let property, infrastructure funds invest in mutual funds managed by same firm

The statement says property and infrastructure funds must not collect management, selling, and redemption fees from unitholders when they acquire mutual funds within the same company, and must not exercise voting rights in those funds.

The China Venture Capital Squeeze

Many are also feeling the impact of the country’s widespread crackdown on big tech that started with Alibaba in 2019 and then extended to Didi, Tencent, the education sector companies, insurers – and right on down to individual influencers.

Knight Frank expands private client advisory business to Singapore

"Given Singapore's credible reputation as an economic powerhouse, many family offices are enticed to explore this island country as a gateway to access Asian investments,"

Asian bonds seen to offer attractive investment prospects, China still a lure

The debt woes of highly-leveraged Chinese property developers haven’t dimmed enthusiasm for China bonds

Fidelity launches post-retirement fund for Hong Kong’s MPF

The MPF, Hong Kong’s largest public retirement plan, had HK$1.18 trillion (US$151.18 billion) of assets and 4.5 million members as of December 2021.

Obscure Chinese hedge funds’ high-yield bond strategies pay off amid turbulence in property sector

Chinese hedge funds pocket returns of as much as 320 per cent, but global asset managers get caught in high-yield bond meltdown

India and UAE to sign trade deal worth $100bln

The new deal is expected to elevate the imports of Indian products in the UAE, especially textiles, jewelry, and gems.

Thailand’s pension system needs reform, not new scheme, ILO says

Its recommendations include an immediate increase in the level of the existing old age allowance, and a gradual increase in both pension contribution rates and the retirement age.

How Distributed Ledger Technology is Unlocking the Future for Managed Funds

DLT to drive value up and costs down, says experts at the 2021 Australian Calastone Connect Forum

Maybank Asset Management launches Shariah-Compliant flexible retirement solution

With the Maybank Flexible Retirement Solution, investors would have the flexibility to choose and switch between two different funds and share classes to cater for their changing lifestyle and retirement needs.

Fusang Exchange Recognised by BVI FSC

The addition of Fusang as a recognized exchange in the BVI is a step towards our vision of democratising the way global investors access digital securities.

Korea’s KB Asset Management seeks bids for 70 billion won private equity mandate

Seoul-based KB Asset Management has around $94 billion of assets under management currently.

Japan’s Sumitomo Life buys A$120 million climate bond

Sumitomo Life was also the sole investor in a sustainability bond issued by Dutch state-owned lender BNG Bank last month, and an issuance by the Asian Development Bank earlier in February to eradicate extreme poverty in Asia Pacific. Both were also A$120

Alternative Investments