Managers of Wealth Asia Pacific

LGIAsuper revises down unlisted assets

In March, AustralianSuper cut the value of its unlisted assets to 7.5% on average, shaving off 2.2% in returns from its $126 billion balanced option.

Can palladium see temporary surplus this year? Norilsk Nickel makes its projection

Supply concerns have been one of the main drivers behind palladium's stellar performance this past year.

PGI readies high yield fund in Hong Kong

As other firms warn on impending defaults, the Asian high yield fund gets approval for retail sale.

Investment management alliance announced

This was the second collaboration between BlackRock and BNP Securities Services as it was also a client of eFront Invest for asset servicing solutions, which was acquired by BlackRock in 2019.

Singapore's GIC, Equinix in US$1 billion tie-up to invest in Japan data centres

The deal comes nine months after GIC and Equinix teamed up to invest in hyperscale data centres in Europe.

China Everbright launches 20 billion RMB dual-currency green fund

The new Everbright Belt and Road Green Fund will mainly invest in projects related to the environment, energy, manufacturing and green living.

Best, worst global equities funds in March quarter

Morningstar senior analyst Andrew Miles said the top five performers shared a quality growth style, while the bottom five performers in the category had a value bias.

Boutique launches new Aussie equities fund

Culbert said it's a good time to launch the fund despite COVID-19 as other fund managers in the small caps category run out of capacity and the correction creates buying opportunities.

Value Partners in onshore fund push

In total, foreign players have launched nearly 80 onshore funds in the mainland via the PFM route.

Managed accounts use broadens

Blomfield said that as ETFs also become more utilised within managed accounts, the applicability of the structure is increasing.

Fiducian acquires advice practice

The cost of setting up work from home protocols with secure IT systems was estimated at $435,000 which Fiducian said it funded from internal cash holdings.

Tencent named in Gartner Market Guide for Cloud Workload Protection Platforms

Gartner's Market Guide for Cloud Workload Protection Platform is recognized as a leading global manufacturer evaluation guide of Cloud Workload Protection Platforms

Global hedge funds post 10.46% investment loss in first quarter, Preqin says

Hedge funds focused on North America and emerging markets reported the largest losses of 12.52% and 13.83%, respectively, in the first quarter, while Europe-focused hedge funds posted a loss of 8.61%.

Hong Kong’s Value Partners sees US$1.8 billion net outflow in first quarter

A Value Partners spokesperson points out that the three months to March was “one of the most challenging quarters”, when countries shut their borders and imposed strict conditions on travel and business to curtail the spread of Covid-19

AMP Capital shutters global equities fund for platform investors

Applications, redemptions and transfers were suspended after the closure as the fund sells underlying assets.

Aberdeen Standard global equities funds downgraded

It also said the team's nine-strong manager lineup with an average 18 years of experience would help mitigate the key-person risk.

Keeping an eye on Chinese FDI

As a safeguard measure, the India government wants to scrutinise FDI originating from China.

Keppel Capital secures new $299m for fund

Keppel Capital chief executive Christina Tan said the Covid-19 crisis is creating dislocations in the market and opportunities to invest in businesses with high growth potential.

CBA Group Super posts -7.7% returns for March quarter

This uncertainty of economic outlook means we expect to see continued volatility in markets in the short term," CBA said in an investment update to members.

Onshore fund approvals up in Q1

Foreign fund houses are increasingly launching onshore funds as China continues to open its financial services industry.

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