05/27/2020
Super escapes COVID-19 hit
Self-managed super funds were hit in a similar vein to retail funds, realising a loss of $69.7 billion over the quarter.
Alternative Investments
05/27/2020
HKEX Signs Agreement with MSCI to License Indexes to Launch Asia and Emerging Markets Futures and Options Contracts
The introduction of the 37 futures and options contracts remain subject to regulatory approvals and market conditions.
05/27/2020
Super fund to remediate members
The fund did not respond to repeated requests for comment on the total amount, number of members affected, duration of the discrepancy or the fund's solution to safeguard against similar future occurrences.
05/27/2020
Allianz launches digital health services for Singapore customers
"Telehealth isn't just about speaking to a doctor online. it's about removing inefficiency in the existing healthcare system, to provide better care and convenience to the people."
05/27/2020
Singapore's life insurance industry reports 20% rise in new premiums
The LIA said single premium par and non-par products comprised 73% of new business, with single premium linked products made up the remaining 27%.
05/26/2020
MLC Wealth launches new advice business
MLC said the name TenFifty was derived from the translation of MLC in Roman numerals.
05/26/2020
Malaysian insurer Etiqa gets licence to set up shop in Cambodia
Etiqa currently offers fire insurance and personal accident products in Cambodia via Maybank’s 21 branches in the country.
05/26/2020
Hong Kong’s TTB buys minority stake in UK’s M7 Real Estate
According to M7 Chairman Richard Croft, despite the coronavirus crisis, “we are firm believers in the underlying fundamentals of many parts of the UK and Europe real estate market over the long term”.
05/26/2020
China’s CIC raises exposure to healthcare, tech stocks, US bonds, report says
Like many global asset owners, CIC has been more sensitive to market risk this year amid uncertainties caused by the pandemic and US-China tensions, according to a portfolio manager based in Hong Kong.
05/26/2020
Southeast Asia investors in risk-off mode
Separately, despite the coronavirus, domestic fund managers in Southeast Asia are expected to form partnerships with foreign players to launch new types of products
05/26/2020
Australia only needs 15 super funds: Consultant
"An idealised structure for the superannuation system would have three to five generalist mega-funds and seven to 10 specialised funds, with no fewer than 500,000 members," Right Lane's report reads.
05/26/2020
Australian Bond Exchange, IRESS Integration Set to Transform Australian Bond Investing
The Australian Bond Exchange is Australia’s pre-eminent marketplace for investing in Australian bonds
05/26/2020
Pros and cons of investing in NPS for retirement saving
“A lot of people do not realise the importance of saving for retirement. They postpone the decision to save till they are in their late 40s,” he says.
05/26/2020
Virus Turmoil Wipes Out Year’s Growth for Australia Pensions
Despite a recovery in markets in April, the savings system is set for more falls as rising unemployment crimps the level of mandatory payments into pension funds.
05/26/2020
Warburg Pincus to raise stake in Asian real estate fund manager ARA
ARA manages 19 public and private real estate investment trusts and over 100 private funds. Since its delisting, it has acquired stakes in real estate platforms in Japan, Australia, Europe and the United States.
05/25/2020
AIF investments in Mauritius, Singapore and Honk Kong under Sebi lens
Regulator rejects overseas investments proposals of funds that fail to meet set parameters
05/25/2020
Australia's State Super hires Neuberger Berman for global equities mandate
State Super manages superannuation and pension schemes for around 100,000 members and had A$44 billion ($28.7 billion) of assets at the end of 2019.
05/25/2020
Singapore’s GIC leads US$50 million funding round in US startup Amplitude Analytics
Amplitude Analytics tracks one trillion user actions monthly for 40,000 digital products from more than 180 countries, according to information posted on the company’s website.
05/25/2020
Capital Group upbeat on Chinese sovereign bonds
According to Mr. Blair, Capital Group’s fixed income strategies, particularly core bond funds and higher-grade debt strategies, have drawn strong global interest over the past year.
05/25/2020
Retirement income covenant delayed
Hume pointed out the deferral of the covenant will also allow its drafting to be informed by the retirement income review, which is due to be handed to the government next month.