Managers of Wealth Asia Pacific

China to allow GSS panda bond issuance

The pilot programme will authorise overseas issuers to issue social and sustainable development bonds

Citic, Cinda, China Life lead state firms in handing Huarong US$6.6 billion to help China’s largest bad debt manager avert bankruptcy

Huarong will receive about 42 billion yuan of capital from a consortium of five Chinese state-backed investors

China to allow GSS panda bonds issuance

The pilot programme will authorise overseas issuers to issue social and sustainable development bonds.

Prudential Seeks Greater Ownership in China JV

The London-headquartered insurer is ramping up its focus on Asia, particularly in Hong Kong and mainland China where it has a joint venture with brokerage giant Citic to provide insurance and wealth management services.

Indonesian government injects another 60 trillion rupiah into wealth fund INA

INA signed two preliminary agreements last month with state-owned company PT Angkasa Pura II to develop the Soekarno-Hatta Airport, the country’s biggest international airport, and make it more competitive with regional and global peers.

PGIM launches India’s first global real estate securities fund

“With interest rates and inflation where they are today, this strategy will be an important addition to build resilience in client portfolios for times ahead,”

Transamerica Life Bermuda Launches New Trendsetter Ultra Term Life

New term life plan provides utmost protection for HNW customers whilst giving them the tailored flexibility they need

Korea’s KIC in three-way US$300 million hedge fund joint venture

NACF primarily provides banking and insurance services to over 2.4 million farmers in South Korea, and NFFC is responsible for protecting the interests of fishermen.

Taiwan high-yield bond funds to be renamed non-investment grade to reflect risk

There are now 118 high-yield bond funds in Taiwan, with combined assets of US$36.2 billion as of end-September, comprising 55 funds registered onshore with $7.2 billion, and 63 funds registered offshore with $29 billion.

China Tonghai Securities Received "Private Wealth Management Award of Excellence"

Sustainable growth in this ever-changing environment is indeed a challenge, our commitments in providing full-service excellence and client-focused approach propel clients forward, which are keys to our success in dealing with all types of change.

New Perspectives on Asian Private Markets

An estimated 3,000 Asia Pacific-based private capital investors are now operating across the region.

Singapore’s Indea Capital hires BNP Paribas Securities Services for VCC mandate

Diana Senanayake, head of BNP Paribas Securities Services Singapore, says in the statement that the company has “developed a strong expertise in the VCC structure” .

CSOP launches a new ETF in Singapore

As one of the most representative ETF providers in Asia, CSOP has been dedicated to providing ETFs and Exchange-Traded Products (“ETPs”) to global investors for nearly a decade.

Taiwan’s BLF names managers for NT$48 billion domestic mandate

The eight funds overseen by BLF had NT$5.06 trillion of total assets as of September 2021.

How sustainable are thematic ETF returns?

Eliseo noted that as almost by definition, thematics were kind of active management as investors were getting exposure to just a specific part of the market.

Goldman readies $40.6 billion for alternative investments in Asia

The inflows have helped swell assets under management to US$416 billion, topping firms such as Carlyle Group, but lagging behind KKR and Blackstone.

Labuan IBFC Clinches Global Accolade for Top International Captive Domicile 2021 at the European Awards

Growth in European-based risk owners using cell captives in the domicile, along with continued growth in self-insurance incorporations, being the key success factors

Japan’s GPIF investment income plunges 62% on foreign losses

GPIF’s second-quarter investment return declined to 0.98% from 2.68% in the preceding three months, and 3.05% in July-September 2020.

Korea’s Tong Yang Life seeks bids for global bond mandate

Applications are open until November 12, and evaluations will be done between November 15 and November 26.

Central bank decision prompts exit from bonds

Equity funds with a socially responsible or environmental, social and governance mandate also saw their largest weekly inflows since July, a likely result of the United Nations Climate Change conference beginning this month.

Alternative Investments