Managers of Wealth Asia Pacific

Macquarie to transfer legacy pension product

The change will lower administration fees for all transferring members, according to the trustee, Macquarie Investment Management.

China’s fund launches soar 44% in first half, raise 1.065 trillion RMB

Nine of the ten largest listings were balanced and equity funds, led by Southern Growth Pioneer Balanced Fund, which raised 32.11 billion RMB.

Targeted communication from providers key to AE awareness

Aegon surmised that a 22-year-old auto-enrolled on the minimum wage could currently build a pension pot worth £106,900 by the time they reach state pension age.

Mirae Asset to launch more China themed ETFs

The firm now manages $880m in China-focused thematic products in Hong Kong.

Former Aberdeen duo back with Sydney boutique

Bishop said now was a great time to start the business, as Australia faces its first recession in 28 years and many corporates face difficulties, perhaps for the first time.

Singapore Exchange Launches International Reit Futures

Set to debut on August 24, both futures are designed in accordance with Commodity Futures Trading Commission guidelines, which would allow broad distribution to U.S. and global institutional investors, the announcement said.

How Will Singapore Perform In Asia With The Pandemic?

Singapore’s thirst for excellence is visible, being one of the most competitive economies in the world, with excellent education system, world class in medical field and is also one of the richest nation.

Manulife Singapore launches Manulife Advisory Group to enhance customer access to insurance and investment solutions

Manulife Advisory Group will enable larger insurance penetration and accelerate the rate of financial inclusion in Singapore.

Allianz Resilient in Asia Pacific Amid Crisis

Total revenues in the Property & Casualty business rose by 21.3 percent to €659 million, with positive contributions from the majority of markets in the region, especially China, Thailand and Malaysia.

Retail investors fuel funds into India's beaten down companies

The global flood of cash from central banks and governments has spawned a boom in individual investing, and with it a surge in risk taking

Access to finance for developers 'toughest since GFC'

Developers have also had to find significantly more equity to get a bank loan, with average loan-to-value ratios (LVRs) tightening from 62.5 per cent to 50 per cent over the same period.

Benefits of Singapore Variable Capital Companies

VCCs will help fund managers by providing them with a structure that offers both tax efficiency and more operational flexibility than has been available to them in the past.

Super fund for women adds fee

The indirect cost ratio for the balanced option went from 0.11% to 0.124% in the balanced option and from 0.11% to 0.143% in the new option.

Myanmar to make civil service pensions compulsory under proposed legislation, report says

Compulsory civil service pension contributions have long been the norm in a number of Myanmar’s neighbours in Southeast Asia, including Thailand and Malaysia.

China mutual fund assets at record high in second quarter despite outflows

Investors pulled out 673 billion RMB from MMFs in the second quarter following a 1.04 trillion RMB net inflow in the preceding three months.

Korea's NPS to ramp up foreign allocation to 55% by 2025, report says

The report says the pension fund set up a dedicated task force last October for increasing investments in foreign stocks and bonds.

Lazard no longer substantial AMP shareholder

The notice in change of ownership was filed to the ASX on Monday by Lazard company secretary Apnavi Saddington.

Chubb Announces Management Changes to its Life and General Insurance Operations in Asia

The leadership changes we announce today speak to the experience and depth of Chubb's management team and to the significant long-term opportunity for the company in China and across Asia," said Evan G. Greenberg, Chairman and CEO of Chubb.

Pinnacle reports FY20 inflows, profits

During the 12 months, Pinnacle added three managers (Aikya, Coolabah and Reminiscent) and built its overseas distribution, for the first time putting people on ground outside of Australia, as first reported by Financial Standard.

Global investors drive record inflows into Chinese bonds in July

That was up 5.9 per cent from a month earlier, but below a record 478.2 billion yuan in March, when the rapid international spread of the new coronavirus drove a global flight to safety.

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