Managers of Wealth Asia Pacific

DE Shaw to open Singapore office

Elsewhere, the firm has also been growing its business in China.

Indonesia fund assets lose nearly 6% in January-September as pandemic hits stocks

Bond funds dropped 1.1% to 120.66 trillion rupiah over the nine-month period, but gained 6.07% between July and September.

Australian Unity launches new fund

Australian Unity has launched the Australian Unity Future of Healthcare Fund aiming to increase the wellbeing of all Australians by investing in the future healthcare needs of the community.

Singapore Variable Capital Company (VCC) Current Standing Survey

VCCs are required to appoint a Singapore domiciled fund manager who is regulated by the MAS.

Multi-boutique adds investment firms

Gyrostat is an independently owned asset manager which focuses on risked managed investing.

About Half of Global FX Market Exposed to Settlement Risk

Approximately 31 percent can be attributed to “related party trades” and “give-up trades of prime brokers” – trade types not usually sent to CLS.

InFocus: Financial advice crucial for Australia’s economic recovery

The FSC has welcomed the pragmatic approach taken by ASIC as the sector responds to the needs of consumers during these difficult times.

HSIM to list first ETF under HK-China connectivity scheme

Hang Seng Investment Management will be listing a feeder ETF in Hong Kong that will invest its assets into the Shenzhen-listed Harvest CSI 300 ETF.

Aquila Capital Sets Up APAC Hub in Singapore

New chief Lenz has been in the renewable energy sector since 2007.

Korea Post seeks managers for US corporate bond mandate

The newest mandate will be benchmarked against the Bloomberg Barclays US Corporate Bond Index, Korea Post says in a request for proposal on October 14.

Singapore bourse may list New Zealand dairy derivatives in 2021

If approved, they expect to list the contracts on SGX as early as the first half of 2021.

Singapore’s GIC invests in US self-storage firm StorageMart

The wealth fund has now invested in at least three US companies thus far this year.

Mirae Asset’s trust deposits for pension funds exceed W8tr

The company’s TDF products, for instance, attracted 400 billion won from individual investors to attain 1.6 trillion won in trust deposits, according to the asset management firm.

StanChart Eyes Mainland Brokerage Business

Standard Chartered is reportedly applying for a brokerage license in China, joining its peers in the wave of foreign entry into the mainland market.

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.

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.

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.

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.

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.

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%.

Alternative Investments