07/09/2020
The fee change comes after State Street reduced the fee of the State Street Multi-Asset Builder Fund 12 months ago and highlights the firm's continuous focus on offering value to investors.
07/09/2020
Praemium has $140 billion in funds globally with over 1000 clients.
07/09/2020
Powerwrap's board has unanimously recommended shareholders approve an offer from minority shareholder Praemium to acquire the remaining 85 per cent of shares in a transaction first reported by The Australian Financial Review's Street Talk column
07/09/2020
MMFs, which are mainly distributed in China via electronic platform under e-commerce giants such as Alibaba Group, have been the largest fund type in the country since 2015, accounting for over half of overall mutual fund assets.
07/08/2020
Shaw Yann Ho, head of Asia fixed income at J.P. Morgan Asset Management, advises investors to look at a bond manager’s long-term track record instead of just chasing short-term performance trends.
07/08/2020
The results are not unexpected given GPIF’s high exposure to stocks, according to Teruki Morinaga, director for insurance at Fitch Ratings Japan.
07/08/2020
Interactive Brokers Singapore Established to Serve Traders and Wealth Managers in Rapidly Growing Financial Hub
07/08/2020
Several other firms in Singapore are also expected to launch multi-asset products.
07/08/2020
Following the acquisition, JaiFin will continue to work with its clients with the support of Acclime Group's resources while contributing its specialised skill sets to the group.
07/08/2020
The Regulatory Change Expense Recovery fee is designed to help BT cover the costs of government reforms impacting super funds.
07/08/2020
We're now also seeing a lot of foreign interest in Singapore
07/07/2020
The five winning bidders will each oversee $460 million of investments.
07/07/2020
FWD will be renaming and rebranding the newly acquired businesses in the next few months.
07/07/2020
Toronto-based Manulife had around $900 billion of assets under management as of December 2019.
07/07/2020
The SDGs aim to achieve better outcomes for people all over the world by addressing issues like healthcare access, clean water scarcity and protecting the environment.
07/06/2020
Plans to bring PE as investor in wealth & asset mgt business; raise up to $200 mn in equity
07/06/2020
The distribution class offers intended payouts of 5 per cent per annum, while the accumulation class reinvests all potential coupons, dividends and capital gains back into the fund.
07/06/2020
Japan’s Government Pension Investment Fund lost 17.7 trn yen in three months ended March.
07/06/2020
Blockchain-based partnership makes life easier for customers with multiple policies
07/06/2020
The government uses a formula that includes the expected long-term returns of all three entities to calculate the net investment return contribution, which helps fund the budget each year.