11/04/2020
AMP introduces enhanced suite of insurers for clients of its aligned advisers
Existing life policies held by clients with insurers not on the APL will not be affected by the changes.
Alternative Investments
11/03/2020
Trust strikes it rich with Ant Group
It bought nearly 44.6 million shares at $5.61 a share in a move that made the ecommerce group one of the biggest positions in its portfolio, which is currently worth just under £14.9 billion.
11/03/2020
Frontier rebrands to reflect offering
The firm had also designed a new logo which represented the F of an efficient frontier-shaped curve.
11/02/2020
Zenith Fund Awards celebrates excellence in funds management
Pendal was announced as 2020’s Fund Manager of the Year, also taking home a win in the Australian Fixed Interest category and nominations in the Multi Asset Diversified and Responsible Investments categories.
11/02/2020
Acclime partners with Take5 People to provide regional HR and payroll services
Take5 People focuses on digitalisation of human resource management and provides comprehensive HR and payroll solutions for clients.
11/01/2020
Edelweiss Financial Services Q2 results: Reports net loss of Rs 56 cr
The company is engaged in corporate and retail credit, wealth management, asset management, asset reconstruction and insurance businesses.
10/30/2020
Hamilton Lane Opens an Office in Singapore, Expanding Presence in Asia Pacific
Singapore Becomes the Firm’s Fifth Office in APAC, Bolstering Long-Standing Commitment to the Region
10/30/2020
CSOP AM’s CGB ETF becomes largest in Singapore
The inflows were driven mostly from institutions in Asia, as well as the US, according to the firm.
10/30/2020
KKR Launches Renewable Energy Platform Virecent Infrastructure in India
New platform to own and operate a diversified portfolio of renewable assets in India
10/30/2020
Is private equity the solution for diversification?
“As a component to an overall equity portfolio, what it can really do is dampen the volatility across the whole portfolio.”
10/30/2020
Fidante Partners and aligned investment managers recognised at 2020 Zenith Fund Awards
While many fund managers have experienced net outflows during the pandemic, Fidante Partners, with our 15 aligned fund managers, enjoyed strong net fund inflows.
10/30/2020
African Insurer Old Mutual to Expand Business in China
Old Mutual stuck with the partnership with China Energy Investment Corp., one of the world’s biggest power producers, after resolving ownership issues following a consolidation of the nation’s utilities.
10/30/2020
Ares bids for AMP
While AMP gave no indication of the value of the offer, chief executive of Deep Data Analytics Mathan Somasundaram told Financial Standard it is likely in the realm of around $1.80-$2.00 per share.
10/30/2020
UniSuper revises fees for TTR members
Under the Flexi Pension Balanced option for example, TTR members pay 0.40% per year but do not pay admin fees.
10/29/2020
Australia’s State Super hires Ninety One for China equity mandate
The strategy has a portfolio of 30-50 Chinese companies with strong quality, earnings, value and technical characteristics
10/29/2020
Singapore’s Temasek, Google to buy stake in Indonesia’s Tokopedia for US$350 million, report says
Temasek had a net portfolio value of S$306 billion ($225.11 billion) as of end-March.
10/29/2020
New super benchmarking flawed: Rice Warner
Rice Warner said that while everyone agrees underperforming funds and products either need to be improved or removed from the system, the proposed new means of measuring are not the ideal way to weed them out.
10/29/2020
Link rejects revised offer
The consortium has upped its bid from $5.20 per share to $5.40 (via a scheme of arrangement), which Link was not satisfied with.
10/29/2020
Evans and Partners looks to delist LITs
Fund accounting will change from Evans-owned Australian Fund Accounting Services Pty Ltd to Mainstream.
10/29/2020
HKEX Welcomes First Hong Kong/Mainland ETF Cross-Listing
Hong Kong Exchanges and Clearing Limited (HKEX) has announced that it has welcomed the first listings of Exchange Traded Funds (ETFs) in Hong Kong and Shenzhen under the Hong Kong-Mainland ETF Cross-listing Scheme, which facilitates cross-listing of ETFs