Managers of Wealth Asia Pacific

RSE trustee board composition evolving

Directors that are employer representatives went from holding 32.7% of the total board seats to 30.5% in the period.

Allianz sets up China’s first 100% foreign-owned insurance asset manager

The Shanghai-based firm, China’s first 100% foreign-owned insurer, officially opened on January 16, with an initial capital of 1.2 billion RMB.

Singapore property investor to raise $600m for EU office fund

Mapletree seeds with UK, Polish and German assets targeting 12% return

Navigator acquires investments from Dyal Capital Partners

Under the terms of the shareholders’ agreement entered into by Navigator and the Dyal funds, Dyal would hold a majority of their share consideration and note consideration for at least five years post-closing.

HUB24 completes Paragem sale

McDonald was nominated to the Easton board for consideration as the first of two new non-executive directors to be nominated by HIB24 under the terms of the transaction implementation deed.

China's o/n repo highest since March 2015, busts PBOC corridor ceiling

The PBOC injected 98 billion yuan ($15.16 billion) on a net basis via open market operations earlier on Friday, snapping three straight days of net fund withdrawal.

Scale of China’s public offering funds hits record high

China’s asset management industry expanded at slower paces in recent years as authorities tightened regulations to contain risks arising from wealth management products.

Integrity Life updates product offering

Integrity Life head of retail product William Rogers said the changes are to provide clients with more value.

Asia pension systems need reform, Covid-19 worsens income inequality, report says

The report notes that Cambodia’s pension system covers just 3% of its working population. At the other end of the scale, Japan’s pension system covers 100% of the working population.

Korea’s CWMAA opens tender for 20 billion won private equity mandate

Applicants for the new mandate must have a minimum five-year track record in private equity investments with at least 50 billion won of strategies in the asset class.

Hong Kong investors bullish about Asia

A UBS GWM survey finds a rise in optimism for the region’s economies and stock markets.

Hong Kong’s Exchange Fund income shrinks 24.56% on Covid-19 hit

The fund’s biggest income gain last year was from bonds, which was down to HK$92.5 billion from HK$114.5 billion in 2019, followed by foreign equity investments, down to HK$69 billion from HK$100.7 billion previously.

Ord Minnett expands footprint

Ord Minnett chair Warwick Smith said the new office is an opportunity to expand the firm's national footprint as a respected private wealth firm.

GQG sees spectacular FUM growth

GQG started the December quarter with $77.7 billion in total funds under management and ended the calendar year with $86.9 billion.

Centuria spends big ahead of fund launch

All properties are located within key industrial submarkets with excellent transport connectivity.

Japan’s GPIF hires Hamilton Lane for global private equity mandate

GPIF began calling bids for alternative investments through the asset management registration system in April 2017. All the tenders are structured as fund of funds.

Thailand cuts Social Security Fund contribution rate again, report says

All employers and employees in Thailand have to contribute to the fund.

Future Fund increases cash again

"The negative returns of the first half have been more than reversed and the Fund continues to exceed its mandated benchmark return while controlling risk levels,"

Should Chinese equities be considered a standalone asset class?

The question has been discussed over the past four years, and is raised again, this time more ardently, in the wake of Covid-19

China G-SIBs unlikely to trigger Lehman-like global financial crisis: Experts

The assessment comes as a spate of prominent Chinese state-backed companies defaulted on their bonds

Alternative Investments