Managers of Wealth Asia Pacific

Nextgen takes aim at Asia, unveils expansion plans

Enterprise software distributor will enter regional market on 1 January 2021

China scraps almost all foreign ownership limits for financial sector

Move opens doors wider for foreign players but further obstacles remain

Inaugural 'Standard Chartered GBA Business Confidence Index'

The index suggests that respondents expect an evident easing of contractionary pressure in Q3 after a challenging Q2 due to COVID-19 disruptions.

Ares’s alternatives unit to invest 15 billion baht in Thailand over five years, report says

Ares SSG, which is headquartered in Hong Kong, had $6.1 billion of assets under management as of end-March, and its parent Ares Management Corporation had $149 billion of assets.

Sun Life Survey reveals Family Business Model in Asia Set to Change with NextGen

The research was designed to uncover how today's first-generation business owners operate.

Super to lose $3tn by 2040

MySuper products are also expected to demonstrate an average return of -0.7% for last financial year - the lowest returns since the Global Financial Crisis.

Lion Announces Official Launch of Total Return Swap Service

Lion has reportedly entered into ISDA master agreements and related supplementary agreements with CICC and Guotai Junan Securities, two of the top five swap traders in China, in order to offer its TRS service.

Fund manager outflows spread into June quarter

Macquarie has moved Magellan Financial Group to "underperform" from neutral.

Early release of super extended

The rules remain similar: people accessing their superannuation will not need to pay tax on amounts released and the money they withdraw will not affect Centrelink and Veterans' Affairs payments, or the JobKeeper Payment.

AltoPartners Adds New Member Firm in Hong Kong

Simeon Fowler is widely regarded as one of most experienced head hunters in the private banking sector and has earned the trust and respect of senior executives in the industry,

Aberdeen Standard prepares Asia FMP in Singapore

Separately, Phillip Capital is also expected to launch an income-generating product in the Lion City.

Temasek Performance Hit by Covid-19

Temasek’s NPV stood at S$306 billion as at 31 March 2020, based on current unaudited management information.

ETP market winners reveal

Assets managed in the ETP market increased by 15% or $8.7 billion to reach $65.5 billion by the end of June 2020 quarter.

Emerging Markets in Search of a Fresh Impetus

In the medium to longer-term, the issue facing EMs will morph from immediate containment strategies to structural reforms to offset the potential permanent damage to economies.

Hedge funder labels Woodford a ‘disgrace’ for charging fees on suspended fund

Paul Marshall says investors should not be charged for fund managers’ failure to manage liquidity

Retirement corpus: Invest in NPS for higher tax-efficient returns

The pension fund regulator has allowed fund managers to increase investment in short-term debt securities to tide over the highly volatile market conditions

No returns in sight for AAP investors

The new AAP will continue what it has always done, McKinnon said; producing quality, independent journalism, but at a smaller scale.

SoftBank and Nomura target retail investors for Vision Fund revival

Plan driven by two players with ties that go back years

New Zealand investors buy 31% of TR Group from Australian private equity fund

Auckland-headquartered TR Group has 14 branches throughout New Zealand and Australia, and a fleet of more than 6,500 vehicles.

Tech stock rally has legs, says Capital Group’s Andy Budden

The MSCI ACWI Information Technology Index of technology stocks in 23 developed markets and 26 emerging markets rose 12.44% in the first half of 2020

Alternative Investments