Managers of Wealth Asia Pacific

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.

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%.

Alternative Investments