Managers of Wealth Asia Pacific

Sichuan Trust Still Can’t Repay $3.6 Billion Due Investors

The southwestern China company failed to repay investors in a matured trust product in May

EG launches private wealth division

Australian real estate fund manager EG has launched a Private Wealth division which will supply commercial property syndication opportunities for individual sophisticated investors and family offices.

UBS AM launches three bond funds in HK

The firm has gained regulatory approval to sell three high income products to Hong Kong retail investors.

T Rowe adds distribution partner in Hong Kong

It will be the first time that the firm has partnered with an insurer in the SAR.

Labuan IBFC: The Fastest Growing Captive Centre in Asia

Labuan IBFC has also seen a growth in the number of insurance and risk management licensees

Singapore’s Temasek invests S$32 billion in year ended March 2020, highest since 2008

The company’s investments in the year was one-third higher than the S$24 billion invested in the 12 months to March 2019, and matched the figure from 2008, during the global financial crisis.

Super fund axes AMP Capital mandate

"Consequently legalsuper transferred the mandate for our Balanced Socially responsible option into the Pendal Group's Sustainable Balanced Fund."

Extending the “bp Partnership” – Creation of NZD $262 million bp NZ Fund

The Charter Hall managed fund will be owned 50% by Charter Hall Long WALE REIT and 50% by Charter Hall Retail REIT.

Some advisers look to industry funds as platform alternative

Netwealth joint managing director, Matt Heine, acknowledged that he was closely monitoring the situation given Netwealth continuing market leadership in the platform space.

UOB's Private Equity Arm Achieves Impact Milestone

UOB has also opened its second impact fund for subscriptions.

Singapore Fund Manager Partners Family Business Network

As a Family Partner and Steering Committee Member, Maitri will support the network’s learning and educational initiatives, aimed at helping families navigate strategic shifts in the evolution of their business.

Temasek Portfolio Falls Due to Covid-19

The firm also said that the Covid-19 pandemic has «amplified and accelerated» the structural trends that guide its investment direction.

ETF investors favouring international equities

The highest overall inflows were seen in the BetaShares Australian High Interest Cash ETF which saw inflows of over $200 million, almost double the second fund, ETFS Physical Gold, which saw inflows of $111 million.

First State Super makes first take-private bid

OptiComm shareholders were set to vote on a takeover by rival bidder Uniti Group tomorrow, after entering into a scheme implementation deed with the telecommunications company on June 15.

China Life Plans to Hire Over 500 Consultants in Singapore

China Life Singapore aims to hire more than 500 consultants over the next five years to target high net worth individuals in Singapore.

Winton fund looks to change fee structure

The fund has returned -17.88% in the year to July end, compared to benchmark (Barclay CTA Index) return of 3% over the period.

Intertrust Group expands into Australian trustee services

Expanding into regulated trustee services is a logical next step

Singapore's GIC joins group investing US$418 million in Chinese biopharma firm I-MAB

According to Choo Yong Cheen, GIC’s chief investment officer of private equity, the investment represents "strengthening of our partnership with I-MAB".

Aussie super funds climb ranks

Total assets held by Australia's super funds rose almost 20% in 2019, with 16 now sitting within the top 300 pension funds worldwide, new analysis shows.

Acclime launches its Cambodian operation with the acquisition of BSE Accounting.

“We are excited to be part of a regional network and look forward to be integrated under the Acclime brand,” San Rithy, Managing Director of BSE commented.

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