Managers of Wealth Asia Pacific

Korea Asset Management calls for bids for 100 billion won fund mandate

Institutions bidding on the mandate must have experience in non-performing loan fund management.

AIIB invests US$25 million in five-year sustainable Eurobond

The bank will sell a total of $100 million worth of sustainable bonds to a group of international financial institutions through private placement.

Willis Towers Watson buys funds from advice group

The decision to offload the funds is part of the licensee's broader strategy, which is to focus on its core offering of financial advice.

Thailand's Private Banks Eye Optimal AUM for Profitability Amid Rising Competition

This trend is attributed to increasing expenses related to hiring skilled private bankers, boosting internal infrastructure, and meeting stringent compliance regulations.

Ex-GIC Bond Manager Launches Hedge Fund

The fund – Adira Investment Management – is a long/short strategy focused on corporate credit and launch in the fourth quarter of this year.

Fidelity launches two overseas equities funds to MPF members

The Americas equity fund focuses on listed companies that have their head offices in North America or exercise a predominant part of their activity in the region.

Which asset managers performed strongly in Q2?

In a webinar, Jain identified GQG and L1 Capital International as two active managers with strong performance despite market narrowness.

Charles River wins Thai pension fund mandate

The platform will provide near real-time cash, positions and available collateral, and deliver benchmark data to help maximise operational efficiency.

200 Singapore Investors Tap Withers for CS AT1 Claims

The estimated value of their exposure to the bonds could exceed S$200 million ($148 million).

FWD Singapore enters HNW market with inaugural product

The company is also planning to partner with Apollo for its asset management needs

Praemium eyes increased footprint in wealth management industry

The firm says it has a solid foundation on which to further expand its market share.

Allianz Global Investors Secures Approval for Mainland China Fund Unit

This move by Allianz mirrors a larger trend in the financial world, as global asset management firms eagerly position themselves within China's burgeoning onshore market.

The Philippine Economic Zone Authority partnerships to woo German firms

In terms of investments, the survey revealed that 46 percent of the participating GPCCI members are likely to invest higher in the country within the next 12 months

Banking Leadership and Driving Growth

Although the bank stands out with its premier digital and mobile offerings, including three popular mobile apps, it recognises customers’ needs for human contact.

Japan budget requests likely to top $753bln as rates rise - Nikkei

The annual budget requests, to be submitted to the finance ministry by the end of August

Vistra completes merger with Tricor Group, a business expansion specialist in Asia

Vistra and Tricor are highly complementary businesses and have capabilities which together offer clients a range of significant value-creation opportunities.

Lioner Expands Client Advisory Offering in Mainland China

Achieves remarkable 220% growth in 1H 2023, driven by successful 3-in-1 services strategy and strong international expertise

Korean retail investors flock to ultra-short bonds on rising interest rates

Local retail investors are also increasing their share of ultra short-term bonds.

Blackstone China unit gets nod to raise funds for overseas investments

Blackstone registered a fund management unit with the Asset Management Association of China under the qualified domestic limited partnership (QDLP) programme

Credit Suisse Discontinues Japan Equity Trading Amid UBS Overhaul

Insiders reveal that several Tokyo-based employees are parting ways with the bank in line with this change.

Alternative Investments