Managers of Wealth Asia Pacific

Sunsuper adds long/short to Aussie equities

Sunsuper is in the process of implementing, but the allocation could be potentially 5% of the total Aussie equities portfolio.

Chinese wealth firm mulls retail fund business

It has also applied for a mutual fund advisory licence in the country

WAM Capital bids for Contango’s Income Generator

The offer consideration which assumed one WAM share for every three CIE shares, would represent a premium of 17.6% to CIE’s share price, 18.1% to CIE’s one-month volume-weighted average price (VWAP) and a premium to CIE’s reported pre-ta

Global Financial Centres Index 28

GFCI 28 again shows a relatively high level of volatility, with 23 centres rising ten or more places in the rankings and 20 falling ten or more places.

HK financial system 'resilient' as city moves up in world ranking

The coronavirus pandemic has severely dented the financial performance of major financial centres, said Liu Guohong, director of the Finance and Modern Industry Research Center at the China development Institute.

China's Ping An Insurance boosts HSBC stake

The Chinese insurer began buying shares in the bank, which makes the bulk of its revenue in Asia, in 2016 as part of its insurance investments and in December 2017 passed the 5% threshold after which it had to announce its holding.

Japan’s Nippon Life invests US$100 million in Grove Street healthcare fund

Impact investing refers to investments in enterprises that generate social and environmental impact, in addition to financial returns.

Aberdeen Standard Investments Adds New Financial Planning Firms to Growing SMA Service

The investment solutions embrace goals-based investing to deliver specific outcomes for clients through all market conditions.

Red flag waves as demand wanes at Southeast Asia bond auctions

Taken as a whole, these developments suggest the rally in Southeast Asian bonds following the initial outbreak of the coronavirus is starting to look like it may be over.

Japan's retail property sector leads market rally as lockdowns ease

MSCI's index of Japanese Real Estate Investment Trusts has risen 11.6 per cent since May.

Iress sweetens OneVue offer

OneVue shareholders will meet virtually to consider and vote on the proposal on 9 October 2020.

China's bond market could appeal in low-yield world

“Realignment of investors to the changes in global benchmarks will prompt a flow of passive money into the Chinese bond market, creating an additional form of support,”

Corporate fund overhauls admin fees, premiums

The dollar-based admin fee will be gone from 1 October 2020.

Amundi JV with BOC WM approved

The tie-up between the French asset manager and the Bank of China wealth management subsidiary is the first to get the go-ahead.

Noah mulls China retail fund business

The Chinese wealth manager has also applied for a mutual fund advisory licence in the country.

Baillie Gifford sets up team in China

The firm has relocated three of its investment staff to Shanghai from Edinburgh.

NZ Super invests in Movac’s US$250 million technology fund

NZ Super is investing $70 million and government fund NZ Group Capital Partners is putting in up to $30 million, NZ Super says in a statement on September 23.

Malaysia’s fund industry assets up 2.54% in January-July on bond gains

Bond fund assets jumped 12.12% to 203.65 billion ringgit between January and July.

SMSF changes unlikely to mushroom new funds

Thorp says even though four members have been allowed, so far majority of SMSFs (93%) only had two or fewer members in 2017-18 according to ATO.

Fund seeks to internalise management

EDC said the change will eliminate all external fee payments and avoid perceived conflicts of interest which it says might exist within external management models.

Alternative Investments