Managers of Wealth Asia Pacific

China’s Ping An, Japan’s Shionogi in US$466 million medical joint ventures

Ping An had 8.66 trillion RMB of total assets as of March 2020.

Talent Retention a Struggle for China’s Sovereign Wealth Fund

"There’s no doubt that CIC’s appeal to talent in the market has been declining."

Australia's Perpetual to buy majority stake in U.S.fund manager for $319 million

Perpetual said it expects the acquisition to triple its funds under management to A$92.3 billion from A$28.4 billion.

Korea's wealth fund KIC sets sights on commercial properties in Europe, China

The KIC's planned investments come amid rising office vacancy rates in the Chinese commercial hub of Shanghai and other major Chinese cities due to the COVID-19 pandemic.

Western Union expands Co-Operation with NongHyup

At the heart of what we do at Western Union is the ability to connect people, allowing them to move money around the world, often within minutes.

Aussie investors unhappy with pandemic performance

Performance is optimistic on a global level with 82% of global investors were satisfied with performance during the pandemic.

Grow Finance Group Expands Its SME Finance Platform With The Acquisition Of Australian Invoice Finance

AIF is a successful invoice finance business with experienced and dedicated staff around the country.

FSC reveals life insurance data

The data revealed the top cause of death claims for both men and women is cancer, however for men it accounts for 39% of all death claims and for women it accounts for a huge 61%.

Sydney boutique winds up fund

The decision to shut the managed fund, which investors were informed about on July 16

Daiwa Mulls Accelerated Hong Kong Shift to Mainland

Even prior to the enactment of the national security law, Daiwa was planning to shift some operations to the mainland once its joint venture kicks off.

Shinhan Financial hands over leading bank title to rival KB in Q2

Hedge fund fiasco becomes game changer in top-tier competition

GBA Resources and Connectivity Still Short

Other shortcomings underlined included lacking channels for cross-border research and development funding, incompatible regulations and a lack of mutual recognition of professional qualifications.

Asia Profits Tank 73% as Earnings Season Kicks into High Gear

The coronavirus pandemic and social distancing have fueled growth of companies that cater to homeworking and online entertainment, and accelerated the demise of brick-and-mortar stores.

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.

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