Managers of Wealth Asia Pacific

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.

South Korea pension fund turns focus abroad after cleaning house

‘Drastic’ shift by world’s third-largest fund to target overseas deals

LINE Securities Launches New Service

LINE Securities is committed to making investing more accessible to a wide range of clients.

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.

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.

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.

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

MLC transforms advice business

The group will exit the self-employed franchise models of MLC Advice Stores and NAB Financial Planning.

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.

Malaysia fund industry assets up 2% in June, 8% in first half on stocks, bonds

The SC typically posts the data without providing analysis.

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.

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.

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.

Kora Management to invest $125 million in Edelweiss Group

Kora Management is already an investor in Edelweiss

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.

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.

Alternative Investments