02/27/2020
Azqore’s Growth in Asia Propelled by Twin DNA Engines of Banking and IT
Saint-Marc Girardin, therefore, maintains that unlike other competitors that may only be IT providers, Azqore offers two vital strengths.
Alternative Investments
02/27/2020
Malaysian investors seek stability in bonds
JP Morgan’s Income Fund has become popular among Malaysian and Thailand investors.
02/27/2020
China 5G ETF gains $2.85bn in mainland
The rollout of 5G across the country is expected to be delayed, but the passive product from Beijing-headquartered China Asset Management has nonetheless become popular, according to data provider Wind.
02/27/2020
Allianz Grows Revenue in Asia Pacific
Allianz Opens Insurance Holding in China
02/27/2020
Unsatisfied HESTA members head for exit
Jennens said over 440 HESTA members have used Healthy Futures' online tool to email the fund asking them to divest from fossil fuels.
02/27/2020
Challenger boutique winds up fund
Kinetic currently manages about $600 million, for institutional and wholesale clients.
02/27/2020
Sargon finds buyer for trustee business
The sale includes eight companies across the Sargon Group
02/27/2020
ClearView aims for flat fee advice approach
The company reported a 27% decline in net profit after tax for its life insurance business to $7.5 million
02/27/2020
Exsim raises RM3 bil via two sukuk issuances
Exsim issued its first sukuk through UOB Malaysia in January last year to monetise its residential real estate earning.
02/26/2020
Temasek's Fullerton weighs Indian shadow bank stake sale
Fullerton India, started in 2007, provides financing from personal loans to lending backed by property and vehicles, according to its website.
02/26/2020
Prudential should move Asian headquarters to Hong Kong, urges second-largest shareholder Third Point
The hedge fund holds under 5 per cent of Prudential, making it the company’s second-largest shareholder
02/26/2020
Korean asset owners invest more abroad in hunt for bigger returns
The report found that NPS raised its allocation to global equities to 23% in 2019 from 14% in 2015, with the overall allocation to equities expected to rise to 45% from 40% in 2019.
02/26/2020
China Taiping Insurance Singapore launches Two Financial Aid Initiatives
The first initiative, the Financial Aid Campaign for Life Insurance customers, offers Complimentary insurance coverage for existing and new Life Insurance customers.
02/25/2020
Three ETFs axed by Morningstar
The other BlackRock ETF that Morningstar axed, IZZ, had about $97 million at January end.
02/25/2020
Malaysia's EPF income falls, declares lowest dividend in 11 years
The country’s largest pension fund says its gross investment income declined to 50.29 billion ringgit (US$11.92 billion) last year from 50.88 billion ringgit in 2018.
02/25/2020
Australian bourse and S&P Dow Jones launch technology index
The index was launched on February 24.
02/25/2020
Global private market fundraising down 3.3% in 2019 led by 25% fall in Asia
Fundraising targets for 2020 are also larger than this time last year, according to Matt Portner, a partner with McKinsey.
02/25/2020
New ETF for ASX All Tech Index
This makes it more expensive than other passive ASX sector exposures, where resources ETFs charge 35 to 40bps while financials charge 39 to 40bps.
02/25/2020
Hong Kong annual fund flows hit record high
For asset managers’ Hong Kong marketing teams, the year was all about bond funds.
02/25/2020
Sri Mulyani invites Saudi Arabia to invest in Indonesia’s sovereign wealth fund
Sri Mulyani claimed that the Saudi Arabian finance minister had agreed on the potential sectors that could be developed, though she declined to elaborate further.