08/15/2019
State Street ETF in franking credit kerfuffle
State Street has now applied to the Australian Tax Office asking for its choice of this limit called the 'benchmark ceiling' to be revoked, according to August 14 ASX filings.
Alternative Investments
08/15/2019
BlackRock backs lifestyle, marketing firm
Authentic Brands is a brand development, marketing and entertainment company with over 50 brands generating about US$10 billion in annual revenue.
08/14/2019
IPP Financial Advisers multiplies wealth in Asia through global investments
IPP Financial Advisers sets golden standards through its four models: accumulating, managing, protecting and distributing wealth
08/14/2019
Hana Financial Teams Up to buy Vienna Hilton for €370M
The acquisition of the 571 room property, which is the largest hotel in Austria and the third-largest Hilton hotel in Europe
08/14/2019
China releases updated versions of its two negative lists and encouraged foreign investment catalogue to promote foreign investment
They replace their earlier versions and further open the Chinese market to foreign investment, particularly in the manufacturing and service sectors.
08/14/2019
China’s 01VC raises $100m for second venture fund
The VC has also made a few investments in Southeast Asia.
08/13/2019
Philippines’ SSS pays 4.23 billion pesos in benefits to locals working abroad in 2018
Filipinos working overseas contributed 6.37 billion pesos to the pension fund last year.
08/13/2019
Korean pension fund reviews Japan investments over ‘war crimes’
Economic fallout from dispute between Tokyo and Seoul over reparations worsens
08/13/2019
China industry group unveils measures to lure global fund managers
Foreign fund managers can currently only conduct retail fund business via joint ventures with Chinese partners.
08/13/2019
Adviser of the Year finalists named
This year's finalists are Simone Du Chesne of EQWealth, Joseph Hoe of Wealthwise, and Elliot Watson of Elliot Watson Financial Planning.
08/13/2019
Fidante loses $3.9bn of super fund assets
Fidante recorded net outflows of $3.6 billion, dragged by the loss of one major client.
08/13/2019
Zurich inks exclusive retail distribution deal
The boutique has hitherto done its retail distribution in-house but will now rely on Zurich to look after its retail distribution in Australia including relationships with platforms, research houses and advisers.
08/12/2019
AFA names Female Excellence finalists
AFA chief executive Philip Kewin said the award also promotes the broadening of choices available to Australians when it comes to seeking financial advice.
08/12/2019
Aberdeen Standard Investments launches Emerging Market Local Currency Debt Fund
Aberdeen Standard Investments has been investing in emerging market debt for more than 20 years
08/12/2019
Praemium posts 25% growth in FUA
Driven by platform revenues, which were up by 25 per cent
08/12/2019
Banks hope to strike gold with wealth-management products
To support its expansion in the mutual fund industry Commonwealth Bank signed a business deal with Sucor Asset Management in Jakarta on Thursday to sell the latter’s new mutual fund product.
08/11/2019
Global funds set sights on Japan property market
Aberdeen Standard and KKR see opportunity in low-rate environment
08/09/2019
J.C. Flowers to sell decades-old stake in Japan's Shinsei Bank
'Vulture' fund gives up on institution that never recovered from 2008 crisis
08/09/2019
Equiom named finalist for Trust Company of the Year - Hong Kong & Singapore
Winners are selected through a combination of public voting and the decision of a panel of esteemed judges.
08/09/2019
Prudential agrees to acquire Thailand's Thanachart Fund Management
The deal would be subject to local regulatory approvals, it noted.