10/14/2020
Temasek creates $55bn AM group
A dedicated team will oversee the group, which consists of four existing asset management firms currently wholly-owned by or affiliated to Temasek.
Alternative Investments
10/14/2020
Vanguard launches new ESG offerings
The fund and ETF will also exclude shares in companies with conduct that contravenes the principles of the UN Global Compact pertaining to labour rights, human rights, environment and anti-corruption.
10/14/2020
Taiwan’s PSPF investment income, return plunge in January-August
He says the PSPF is looking to raise allocation to alternative or non-mainstream investments to 7.1% of total assets next year from around 6% currently.
10/14/2020
Frasers Property flags full-year attributable profit to drop 60%-70%
Thus, Frasers' attributable profit is expected to reduce by 60 per to 70 per cent year on year from the S$560.3 million recorded last year.
10/14/2020
Raffles Financial Enters into Strategic Partnership with Japan's Pacific Bays Capital
Raffles Financial is represented in Australia, Canada, China, Europe, Hong Kong and Singapore and has the resources to serve the aims of the Japanese firms seeking funding and resources through their public listings outside Japan.
10/14/2020
Malaysia’s EPF seeks public feedback on ways to improve the pension scheme
EPF members are mainly private sector employees who contribute 11% of their monthly salaries to the fund, with employers kicking in 12%.
10/14/2020
AMP Capital agrees the sale of Spanish towers business Axión to Asterion Industrial Partners
Axión currently manages more than 5,000 service points distributed throughout Spain, across 635 towers.
10/14/2020
High-income earners dodge national pension subscription
By occupation, 547 entertainers and 1,492 star athletes avoided paying a total of 3.21 billion won and 7.86 billion won of pension premiums, respectively.
10/14/2020
Singapore's third-quarter GDP shrinks at slower pace of 7% after economy gradually reopens following circuit breaker
The manufacturing sector grew by 2 per cent on a year-on-year basis in the third quarter, reversing from the 0.8 per cent contraction in the previous quarter.
10/13/2020
Value investing is not dead
“When we plot the relationship between quality and value for all MSCI World stocks, we see that it is possible to have value stocks with earnings certainty and low leverage, and vice versa, for growth names.”
10/13/2020
Not so ‘sexy’ companies outperform in Asean
While the market is not dominated by tech leaders, investors can find growth opportunities in underpenetrated sectors, such as the consumer space.
10/13/2020
Perpetual talent departs
The business blamed increasing outflows from its investment business and COVID-19 for the decline.
10/13/2020
KB, K-Growth to select partners for social impact investing
Applications will be accepted until mid-November, and the chosen partners will be announced in late December.
10/13/2020
When private equity is a force for good
Weijian Shan’s new book ‘Money Games’ is a breathtaking insider account of one of Asia’s toughest and most controversial financial rescues
10/13/2020
Australia’s Energy Super and LGIAsuper plan A$20 billion merger
In a joint statement, the funds say they have signed an agreement for the merger and will commence due diligence to explore the benefits for their combined 123,000 members.
10/13/2020
Japan’s Nippon Life invests in University of Tokyo’s 20 billion yen social bonds
The bonds were sold to domestic institutional investors, including Nippon Life, air conditioner manufacturer Daikin Industries, and Sumitomo Forestry.
10/13/2020
Thailand firms to launch hotel private equity fund aimed at global investors
KTB Securities Thailand will manage the fund, and MFC will be the trustee.
10/12/2020
China funds targeting Ant IPO rake in 60b yuan from over 10m investors
Ant Group, Alibaba Group's fintech arm, aims to raise about US$35 billion in a dual listing in Hong Kong and Shanghai's Star Market, expected in October, in what could become the world's largest IPO.
10/12/2020
Australian unlisted property shielded from downturn
Zenith’s head of real assets and listed strategies, Dugald Higgins, said Australian unlisted property’s advantage was their slower valuation cycle.
10/12/2020
Hong Kongers Losing Top Banking Jobs to Mainlanders
The trend is similar at the senior level with over half of such roles held by mainlanders, according to estimates from fellow executive search firm Wellesley.