Managers of Wealth Asia Pacific

Japan's SMFG brokerage arm to set up office in Abu Dhabi

Japanese brokerage firms are focusing more on their overseas strategies and are looking abroad to raise revenue

SGX to fully acquire BidFX

As part of its multi-asset strategy to build FX into another core pillar of growth, SGX first acquired a 20% stake in BidFX in March 2019, with the aim of bringing together FX futures with OTC markets.

Singapore-based Vanda Global Capital Reaches Agreement with Marsh

Vanda and Marsh are commencing work to deliver these services and offerings immediately to ensure that businesses have access to the advice they need to meet the current global challenges.

Malaysia pension fund EPF’s strategy chief calls for reform of social protection system

The report says the ageing process in Malaysia will occur at a similar speed as other Asia Pacific countries, including China, Japan, Singapore and Thailand, and at a much faster pace than in Australia and some European countries.

Philippine pension GSIS to start collecting loan repayments in July after extending moratorium

The Philippines has the third largest number of coronavirus cases in Southeast Asia after Indonesia and Singapore.

South Korea’s NPS, Allianz form US$2.3 billion property fund

NPS, the world’s third largest pension fund, had around $600 billion of total assets as of March 2020.

UAE Islamic Banks: 2019 Results Dashboard

The financing impairment charges/average gross financing ratio increased significantly and was more than 2x that of conventional banks due to increased write-offs of impaired financing and building up of higher provision levels against new impaired financ

SE Asia’s East Ventures Looks To Back Startups With $88M Fund

As in the U.S. and other countries, this resulted in cut jobs and shifting business models to help accommodate the downturn in the economy.

China overtakes UK to become world’s fifth-largest fund hub

Shift underscores Asian giant’s status as a rare bright spot for global asset managers

Gold on track for its best quarter since 2016, flirting with key US$1,800 an ounce level amid coronavirus, other uncertainties

During the current the coronavirus pandemic and in prior crises, gold has been an effective diversifier and risk reducer in balanced, growth or equity oriented portfolios.

Hedge funds eye new corporate structure in Singapore

City state challenges low-tax jurisdictions amid concerns about status of Hong Kong

Japan's national pension premium collection rate improves

The rate was lowest in Okinawa, at 55.4 percent, followed by Osaka, at 61.0 percent, and Tokyo, at 64.8 percent.

State pension fund launches 2.8 tln won joint venture with Allianz for overseas property investment

The pension operator has been more focused on the safe North American and European markets.

Vanguard launches SMSF functionality

Vanguard has been moving towards a super offering for Australia, firming up a superannuation team earlier this year.

New multi-boutique launches in Sydney

Mantis has taken an office in the ANZ Tower on Castlereagh Street.

Chinese firms are pricing their U.S. IPOs above range, a sign of strong demand

The strong appetite for these deals ends a more than one-year hiatus for Chinese firms pricing U.S. listings above their ranges.

MyState ASX announcement - improving regulatory capital

Strengthened loan provisions, new investment grade credit rating and potential Tier 2 capital issuance

Australian Unity enters fund admin agreement with OneVue

OneVue said the transition would support Australian Unity’s client engagement as well as increasing the level of automation and efficiency for its range of investments.

KKR Acquires Stake In First Gen Through Voluntary Tender Offer

Investment in leading independent power producer deepens KKR’s commitment to the Philippines

Chinese financier consents to Madison sale

An investment manager has completed its purchase of a number of wealth management businesses, including a mid-sized dealer group, after a Chinese financial services firm gave consent to the sale following its legal dispute with the group’s owner.

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