Managers of Wealth Asia Pacific

Abu Dhabi Wealth Fund Starts Distressed Assets Fund in India

The fund will target both pre-stress and distressed opportunities

Singapore Wealth Fund GIC Invests in Crypto Exchange Coinbase

GIC has more than $100 billion of assets in over 40 countries and has investments in everything from government bonds to private equity.

Singapore fintech investments surge to $365m in 2018

About 28% of the total funds raised in Singapore last year went to fintech companies in lending, while those in payments took 26%, and insurtechs took 20%.

Thailand’s Kasikorn aims for 12% asset growth, report says

The company had just over one-fifth, or 20.48%, market share last year, up marginally from 20.19% in 2017.

AAM new product roundup

Australia’s Ausbil Investment Management launches income fund

Singapore-based ARA snaps up Seoul office building in €785m deal

He said there would also be rental upside in the retail component of the asset.

China's fledgling junk bond market spawns new breed of vulture funds

"When bad news breaks about an issuer, some funds will scramble to sell the bonds," said Liu Xiaofang, head of investment research at Shanghai Fengshi Asset Management Ltd

Taiwan regulator eases limits on foreign fund investment in China stocks

The new limit for qualified managers will become effective on October 1 and will be valid for a year.

China's fledgling junk bond market spawns new breed of vulture funds

The risky but potentially lucrative business of trading in bonds on the verge of default is in its infancy in China, almost as new as the phenomenon of corporate defaults in the state-run economy.

Nikko AM again named NZ Fund Manager of the Year

For decades we’ve been trusted to manage the assets for many of New Zealand's leading institutions

MUFG Close to Buying DZ Bank Aviation Arm for $6.3 Billion

Deal is one of biggest in Japanese bank’s history since 2005

Legg Mason funds added to Generation Life investment menu

They are also used to fund long-term goals such as children’s education or to help provide for a deposit on a first home.

IAG issues first cat bond, uses new Singapore ILS laws for first time

The company said it adds a new element to its risk transfer programme and diversifies its suite of available reinsurance solutions.

Nikko wins Morningstar's NZ Fund Manager of Year award

"Nikko has reinvigorated its business in recent years, improvements in its domestic capabilities complemented by a strong new global offering, leaving investors with a range of good quality options to choose from," Murphy said.

Many publicly listed companies lose value from divestitures, research shows

The new global database analyses the share price performance of public companies selling assets, from six months prior to the divestment announcement to up to six months after the divestment has completed.

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.

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.

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

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

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.

Alternative Investments