Managers of Wealth Asia Pacific

Asia’s HNWIs seek alts, multi-asset strategies

An online alternative investment platform in Singapore has garnered at least $100m in assets since its launch last year.

BDO consolidates brokerage business

The transaction will enable BDO to consolidate its securities brokerage business into BDO Securities Corp

AMP Life sale nears completion, new execs appointed

As a part of the change in ownership, Greg Bird will be the new chief investment officer and chief actuary for AMP Life, a spokesperson confirmed. Bird was previously the group actuary for AMP Limited.

Investors need to stay flexible

In late March, the fund significantly increased its exposure to long-duration US investment-grade corporate bonds.

Markets edgy ahead of economic data

Investors await economic data amid worry that improvements may be unsustainable; Gold and US Treasuries catch safety bid; Credit primary markets busy in shorter holiday week

AIA gets green light to set up life subsidiary in China

Firm wants to expand its presence in the country with additional branches

Hong Kong’s FWD acquires minority stake in Indonesia’s BRI Life

FWD first entered Indonesia in 2014 via a strategic alliance with PT Finansial Wiramitra Danadyaksa.

Nomura to Establish Content Company

Nomura will also enhance private side research for unlisted companies and other financial assets, and continue to offer proposals for society.

ISA responds to calls for SG freeze

The Prime Minister and Treasurer wouldn't want to risk a generation of Australian workers being dumped on the pension to be their lasting legacy; they know we would all pay for that through higher taxes.

Challenger raising $300m, to add IG bonds

The annuities giant said it will use the proceeds to add to its balance sheet (taking pro forma PCA ratio to 1.78x from 1.63x at May end ) and to add return on equity accretive investment opportunities.

Another billion removed from super

The 10 funds with the highest number of applications received from the ATO have made 1.42 million payments worth a total of $10.46 billion.

Huatai Targets Overseas Chinese with Mobile App

Retail brokerage is the one spot where we could potentially beat Wall Street investment banks, which are traditionally stronger in their institutional businesses.

Singapore's Temasek in KKR-led group that buys 6% of Vietnam’s Vinhomes

Vinhomes was listed on the Ho Chi Minh City Stock Exchange in 2018.

Hong Kong’s ESR forms US$1 billion joint venture to invest in Korea logistics assets

The joint venture will be seeded with land in Incheon, South Korea’s third largest city.

Singapore’s GIC leads US$102 million fundraising in Israel’s Pagaya

Pagaya says it will use the money to hire more data scientists, develop its technology, and invest in new asset classes such as real estate, loans, mortgages and corporate credit.

Which listed financial is up 230% since the market crash?

One listed financial stock has demonstrated a spectacular turnaround to report 230% returns after seeing losses of 69% earlier this year.

Fitch cuts India’s sovereign rating outlook to ‘negative’

The agency said the medium-term fiscal outlook is of particular importance from the rating perspective, but is subject to great uncertainty and would depend on the level of GDP growth and government’s policy intentions.

Islamic capital market expected to be busy from June to August

Mohamad Safri said on the back of the public health crisis, the financial industry expects to see lower revenues and profitability this year and the impact would be quite massive to the industry.

Philippine pension fund SSS launches coronavirus calamity loan scheme

The pension fund’s loans for other calamities such as floods, earthquake, tsunamis and hurricanes are typically repayable over 24 months at 10% interest a year.

Pre-pandemic trust in financial industry holds steady across Asia-Pacific

Only half of investors express confidence in their advisers

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