05/07/2020
Philippines halts higher health insurance premiums for its overseas workers, report says
PhilHealth said in November that the health insurance premium rate will be raised to 3.00% this year from 2.75% previously.
Alternative Investments
05/07/2020
S. Korea’s NPS joins int’l buyout of Portuguese toll roads operator Brisa
The acquisition deal is subject to regulatory approval and is expected to close at the end of the third quarter.
05/07/2020
Manulife Hong Kong reports solid growth in the first quarter of 2020
In the first quarter, Manulife accelerated its digital capabilities and supported existing and new customers during the COVID-19 pandemic.
05/06/2020
Integrated Portfolio Solutions Expands to Asia
The funds raised will be used to expand Integrated's product range, with a practice management tool tailor-made for financial advice professionals and a managed discretionary account/individually managed account offering, the firm said.
05/06/2020
Matthews Asia rolls out first GEM fund
The firm has also hired a dedicated analyst who specialises in emerging markets outside of Asia.
05/06/2020
Singapore investment managers launch ups killing portal
The modules are accredited by the Institute of Banking and Finance and fulfill the regulatory requirement set by the Monetary Authority of Singapore.
05/06/2020
AXA upgrades "Mind Health" programme for its corporate customers
AXA Hong Kong has fully upgraded our 'Mind Health' programme and is committed to helping our corporate customers and their employees to gain positivity under today's adverse conditions.
05/05/2020
Australia private capital assets at record US$68 billion in 2019
Consumer discretionary buyout deals accounted for 52% of the total, surging from 11% in 2018.
05/05/2020
Singapore Exchange, China’s CITIC Securities ink strategic cooperation deal
CITIC Securities Chairman Zhang Youjun describes the deal as a "significant milestone” for the two companies.
05/05/2020
Pinnacle adds new boutique
It is currently available as an SMA with plans for a UCITs fund in near future.
05/05/2020
Hedge fund with zero correlation to equities to launch
The key criteria are that the strategy has a correlation of around zero to equities and has the ability to make money in both rising and falling equity market conditions.
05/05/2020
Centuria crosses Tasman, acquires stake in NZ manager
The maximum commitment offer Centuria will make is approximately NZD$23.6 million, funded by its cash reserves.
05/04/2020
Why has the Reserve Bank of India opened a liquidity window for mutual funds?
The scheme will be open till May 11 or up to utilisation of the allocated amount, whichever is earlier.
05/01/2020
IOOF sees surge in FUM
The addition of the P&I business brought $77.1 billion of addition FUM during the quarter.
04/30/2020
Time for gold to shine?
Investors will soon pivot towards the asset class that performs best during periods of monetary debasement, argues Merian’s gold bug.
04/30/2020
Anbang Forces Mirae to Seal Multi-Billion Dollar Lux Hotel Deal
Once an acquisition giant, Anbang reversed its function following China’s government takeover in 2018 which also included the arrest of former chairman Wu Xiaohui on fraud and embezzlement charges with an 18-year sentence.
04/30/2020
Manulife enters joint venture with Mahindra Asset Management
Deal is worth $35m and sees the US firm take a 49% stake
04/29/2020
Gold prices near steady as global stock markets gain
Some regions in some countries, including the U.S., are reopening at least some businesses that have been shuttered from the Covid-19-induced lockdown.
04/29/2020
Japan's GPIF seeks firm to advise on emerging-market infrastructure strategy
He notes that the pension fund appointed DBJ Asset Management for its first global infrastructure mandate in 2018.
04/29/2020
Qatar Petroleum places big LNG carrier order with Chinese shipyards
Total value of the contract could reach US$3 billion, depending on requirements