08/21/2019
Vulcan Capital Expands into Asia; Opens Singapore Office
Investment returns generated by Vulcan Capital go towards Vulcan's philanthropic efforts in the region and around the world
Alternative Investments
08/21/2019
China mobilizes aid for failing banks as local economies slow
Beijing shifts strategy in bid to quell mounting financial risks
08/21/2019
Kogan Super launches
Kogan founder and chief executive Ruslan Kogan said Australians are turning to low-cost super funds to ensure their retirement savings aren't being eroded by high fees.
08/20/2019
AMP advice lead rejects AMPFPA claims
The AMP Financial Planning Association said it would challenge the changes, saying AMP had failed to consult with advisers or give the required 13 months' notice of a substantial change.
08/20/2019
Charles Schwab reverses out of Australia again
Up until last year, the company was pitching American ETFs to Australian investors saying they had a wider range of options and was more cost competitive.
08/20/2019
South Korea pension fund turns focus abroad after cleaning house
‘Drastic’ shift by world’s third-largest fund to target overseas deals
08/20/2019
LINE Securities Launches New Service
LINE Securities is committed to making investing more accessible to a wide range of clients.
08/20/2019
Beijing’s Belt and Road plans could boost the Islamic banking sector
China’s pursuit of Belt and Road Initiative projects in predominantly Islamic countries is expected to spur growth in the Islamic finance sector.
08/19/2019
Ambitious Netwealth doubles down after profit jump
The ASX listed wealth management platform reported a 24 per cent increase in its full-year net profit after tax of $36 million, which share-market investors welcomed by bidding the shares up by 3.6 per cent to $7.20 by the close on Monday.
08/19/2019
China’s appetite for Dubai properties is increasing
With almost 100K daily visits to the platform, dubizzle Property has also identified that Chinese nationals were among the top 20 nationalities searching for properties on the platform in the first three quarters of 2018.
08/18/2019
Profits at Ralan funder Wingate plunge 88 per cent
The prominent finance house, which funnels money from high net worth investors, family offices and superannuation funds into real estate debt and equity deals, has (alongside many other non-bank lenders) ramped up its activities in recent years as the maj
08/16/2019
MLC transforms advice business
The group will exit the self-employed franchise models of MLC Advice Stores and NAB Financial Planning.
08/16/2019
China lets global asset managers apply for mutual fund business
The Asset Management Association of China an industry body supervised by China’s securities regulator, said in a statement that it welcomes foreign private fund managers to apply for retail mutual fund businesses.
08/16/2019
Malaysia fund industry assets up 2% in June, 8% in first half on stocks, bonds
The SC typically posts the data without providing analysis.
08/16/2019
Fidelity aims to launch two funds in Hong Kong
Despite the difficult political and economic environment in Hong Kong, the firm hopes to eventually sell the newly SFC-authorised products.
08/16/2019
German VC firm collects $6 mn directly from Korean individuals
In comparison, investing in domestic venture firms, if successful, hardly returns over 10% per annum because of their limited growth potential in the home turf.
08/15/2019
Anbang to sell entire US$2.4b Japan property portfolio; Blackstone seen bidding: sources
Anbang paid Blackstone around 260 billion yen (S$3.38 billion) for the assets in 2017, in what was Japan's biggest property deal since the global financial crisis.
08/15/2019
Kora Management to invest $125 million in Edelweiss Group
Kora Management is already an investor in Edelweiss
08/15/2019
South Korea to Invest in the Future of Africa
Part of the dialogue was about understanding Africa and helping build an entrepreneurial presence on the continent.
08/15/2019
SonKim Land Announces US$121 Million Follow-up Fundraising from an Investor Consortium led by EXS Capital, ACA Investments, and Credit Suisse
This is now the 2nd round of investment from ACA Investments and the 3rd round of investment from Lemongrass Master Fund.