Managers of Wealth Asia Pacific

Property Tycoon Eyes Ireland to Build New Hong Kong

We want to provide an option for Hong Kong people to leave Hong Kong

India proposes 49% foreign ownership cap in pension funds

The proposals are open for comment until July 22.

Indonesia Focused East Ventures Raises New Seed Fund for Tech Startups in Aftermath of Pandemic

The new vehicle will be East Ventures' eighth fund, as the firm remains bullish on the ASEAN's digital economy and predicts that innovative startups will transform the region's post-lockdown landscape for the better.

Nomura Finalizes Business Alliance Agreement with Awa Bank

The two companies signed the final agreement today.

AMP recovery could be ‘turbulent’, analysts say

The bank’s earnings have been projected to fall to around $100 million in 2020, in contrast to its $141 million last year, before it rebounds in the coming years.

Clifford Capital Acquires Stake in Fund Manager

The deal, which brings Pierfront under the group umbrella, builds on Keppel-Pierfront Private Credit Fund's successful track record since inception in 2016 and first close on 30 March 2020.

Cbus, Media Super explore merger

Cbus's outgoing chief executive David Atkins has previously served as chief executive of Media Super's predecessor, Just Super.

Infinity Capital Group Acquires Substantial Stake in Ultima United Limited as part of its Asia-Pacific Expansion Plan

ICG's expertise in the Asia-Pacific region drives its expansion plans that will now include this investment.

Whisky fund launched in Hong Kong

Alternative investments have become one of the most sought-after strategies by HNWIs in Hong Kong and Singapore.

Amazon launches climate VC fund

Telecommunications company Verizon, hygiene and health product manufacturer Reckitt Benckiser (RB), and IT consulting company Infosys have recently joined the pledge.

Acclime acquires Ander Group

With this acquisition, the headcount of Acclime in Hong Kong exceeds 40.

Franklin Templeton cuts fees

The biggest cut in the category is for its Australian absolute return bond fund, which is going from 0.65% per year in management costs to 0.50%.

Prodigy boutique finds new strategic partner

The fund has had a good year, returning 2.7% in the 12 months to May end when its benchmark did -2.9%.

Credit Suisse sees Hong Kong stocks, Asian credit among top bargains this year

“We think investors should be engaged in markets, and pro-risk in general,” Ray Farris, Credit Suisse’s chief investment officer for South Asia, told journalists on a conference call.

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

Alternative Investments