Managers of Wealth Asia Pacific

Robeco keeps faith in China equities

Higher corporate earnings as the economy recovers underpins China stocks, according to Robeco.

MRF funds suffer two-way outflows in October

Mainland investors have been avoiding northbound funds in favour of domestic products.

Korea Post seeks managers for US$200 million overseas direct lending mandate

The ten-plus mandates it has outsourced thus far in 2020 include alternative or non-mainstream strategies such as private equity and infrastructure.

Australia's Macquarie Group to buy Waddell & Reed Financial for $1.7 bln

The deal is expected to close in the middle of 2021.

CFA Society Hong Kong Reaffirms Commitment to Investment Management Industry with its New Brand Identity

CFA Society Hong Kong states that it shares the mission of CFA Institute in raising the professional and ethical standard of financial analysts and investment practitioners through continuing education and advocacy effort.

IML backs Telstra

To avoid losing market share, Telstra lowered prices, simplified mobile plans and cut costs to offset loss of earnings.

Aware Super completes WA Super merger

Stewart said the merger would increase hours of service and support following the integration of the WA Super service centre into Aware Super's telephone-based member service centre.

IOOF abandons AET sale

IOOF retained the corporate trust business, which provides private client trustee services, estate planning and compensation trusts.

Industry funds confirm CEOs earning over $1 million

This then compares to CareSuper’s Julie Lander who received a comparatively modest package of $588,136.

Nomura Quarterly Update

Our analysts forecast a y-y decline in aggregate FY20 dividends for the constituents of the Russell/Nomura Large Cap Index, reflecting the difficulty of business conditions under the pandemic.

More HK companies aware of ESG-related risks

But only a few have fully integrated ESG-related risks into their enterprise risk management systems.

Macquarie to establish Asia FX trading hub in Singapore

The APAC pricing hub is an extension of CGM’s global digital trading platform ‘Aurora’, which allows clients real-time access to Macquarie’s broad suite of products and services.

Australia’s Macquarie to buy Waddell & Reed Financial for $1.7 billion

The acquisition of Waddell & Reed’s asset management business and our partnership with LPL significantly strengthens our position as a top 253 actively managed, long-term, open-ended US mutual fund manager by assets under management across equit

Singlife Completes Aviva Merger

With the deal valued at S$3.2 billion ($2.4 billion), the newly merged business will become one of the largest insurers in southeast Asia with a focus on mobile savings and protection solutions.

Apac investors trust their instincts

Investors in the region see opportunities in adversity, yet raise cash levels, according to a Pimco survey.

Westpac sells General Insurance business to Allianz and enters 20 year distribution agreement

The transaction also includes contingent payments subject to integration milestones and business performance over the next five years, as well as ongoing payments in accordance with the distribution agreement.2

China shut down all P2P platforms by mid-Nov

In 2015, the China Banking and Insurance Regulatory Commission strengthened regulations on peer-to-peer lenders

Bank capital to fall in 2 years: Moody’s

Emerging Asia could witness a moderate decline in bank capital, but India is expected to post a larger fall without capital infusion, the ratings agency said

Mercer restructures fees, asset allocation

The majority of members will see reductions in investment fees and there will be more consistency in the fee structures across employment and retirement, Mercer said.

IOOF ups costs for self-employed advisers

"We have already opened up conversations with our advisers. There is a recognition that they will be paying more for the services that they traditionally get from us."

Alternative Investments