02/27/2019
Japanese pension fund accesses CLSSettlement through State Street Trust and Banking
This follows the announcement of the first Japanese-domiciled funds gaining access to CLS as third-party participants in 2018.
Alternative Investments
02/27/2019
AFA rebukes ideological drive against conflicted remuneration
The AFA policy head also took exception to the Royal Commission's use of the term "intermediaries" when referring to financial advisers, and said advisers were not product distributors.
02/27/2019
ClearView posts first half profit dip
"Retention strategies and effects (including further implementation of LIF reforms commission caps), will take time to fully implement and flow through to overall performance," ClearView said
02/27/2019
Singapore’s Temasek invests in Chinese startup Gracell Biotechnologies
Several Chinese venture capital and investment firms, including Lilly Asia Ventures, Kington Capital, King Star Capital, and Chengdu Miaoji, also participated in the fundraising
02/26/2019
3 Middle East funds eye RCap’s $1 billion stake in asset management company
At the current market value, the Reliance Capital shares are worth more than Rs 5,000 crore, though a control deal would come at a premium.
02/26/2019
Chinese Funds Hit Jackpot from Beginning of 2019
The average earnings rate of 146 Chinese funds in 2019 stood at 14.48 percent as of Feb. 22, according to fund rating firm Korea Fund Rating on Feb. 24.
02/26/2019
Agribank named among strongest banks in Asia-Pacific
Being Vietnam’s largest bank in terms of deposits and networks, the bank has 938 branches, 1,297 transaction offices, 2,845 Automated Teller Machines (ATMs), 46 Autobanks and 20,781 Point of Sale (POS) locations nationwide.
02/26/2019
T Rowe registers six funds in Hong Kong
During the previous two years, the firm has launched eight products for sale to Hong Kong’s retail investors.
02/26/2019
Major boost for green finance in the Philippines
With the seal of approval by the IFC of a major deal, the prospect of a surge in green finance looms in the Philippines, bolstered by cleaner energy and strong domestic demand
02/25/2019
Strong AUM growth boosts Resimac result
The Board declared an interim dividend of 1.00 cent per share
02/25/2019
Infrastructure fund plans SMSF raise
Its investor base is split as 55% self-managed super fund investors and 45% high-net-worth individuals, family offices, university endowment funds and small corporate funds.
02/25/2019
Hong Kong mutual fund assets shrink
Weak markets and worsening sentiment took their toll on Hong Kong’s investors last year, according to figures from the Securities and Futures Commission.
02/24/2019
Fund Focus: BlackRock Frontiers Investment Trust
Top holdings include Halyk savings bank of Kazakhstan and Nigeria’s Zenith bank.
02/22/2019
Odyssey Japan Boutique Hospitality Fund Completes 1st Close
The Odyssey Japan Boutique Hospitality Fund is a unique, private equity-real estate fund focused on the acquisition of Japanese boutique hospitality assets throughout Japan.
02/22/2019
Straits Financial Group expands relationship with Eventus Systems
Paul Fry, Chief Operating Officer of Straits Financial, says: “Our team looked at a wide range of platforms to find a solution that would fulfil our stringent regulatory requirements.
02/22/2019
Reliance Capital invites Nippon Life to buy its stake in asset management JV
Reliance Nippon Life Asset Management Ltd listed on the stock exchanges in November 2017 and is down by around 25.8 per cent against the issue price of Rs 252.
02/22/2019
Fund managers come together to promote women
The move was driven by significant need for change to address a considerable underrepresentation of women in the sector.
02/21/2019
Bahrain's Investcorp launches India office
The move follows the acquisition of a private equity and real estate investment management business in India.
02/21/2019
Mizuho Securities and Perella Weinberg Partners Form Strategic Collaboration
This partnership will provide a unique advisory platform for companies pursuing cross-border transactions into and out of Japan
02/21/2019
Manulife launches fund for China, Hong Kong equities
According to MAMTC, the fund will adopt “flexible and dynamic” allocations between China and Hong Kong equities, depending on changes in market conditions, government policies and industry trends.