Managers of Wealth Asia Pacific

Asian asset management revenues on course to double by 2022

Reforms in China and rising wealth in emerging economies to boost fund business

HSBC issues first Islamic bond tied to U.N. development goals

Malaysia’s central bank issued guidelines this week to encourage Islamic banks to become more involved in socially and environmentally themed activities.

Nikko AM supports climate change agenda

President and chief executive of Nikko AM, Takumi Shibata said the company recognises the substantial challenge posed by climate change.

Fidelity launches active ETF

The ETF is based on Fidelity's five-year-old Global Emerging Markets Fund which has outstripped the benchmark by 1.15% since inception.

S. Korea seeking to strengthen asset management expertise in state pension

The ministry oversees South Korea's national pension fund, the world's third-largest, with 630 trillion won (US$557 billion) in assets

Citi launches $259m raising for SCA Property

Citi's equities desk is in the market with a $259 million raising for Shopping Centres Australasia Property Group. The broker was seeking buyers for 113.1 million new shares at $2.29 to $2.37 each, according to terms sent to fund managers.

Goldsky Asset Management to Open Offices in Both Hong Kong and Singapore

Australian quantamental investment and data science firm, Goldsky, has announced today it will open offices in both Hong Kong and Singapore.

Sovereign Funds Carve Out More Room for Alternative Assets

Expensive public markets have spurred Asian sovereign wealth funds to hunt for bigger gains from hedge funds, private equity, and other alternative assets, Cerulli research found.

Yield-Hungry Japanese Investors Flocking to Chinese Bonds

A growing number of investors are interested in Chinese bonds now

Vietnam needs improvements to keep popularity among investors

While Vietnam is regarded like “a hot cake” among foreign investors, the country needs to give more consideration to proposed projects and maybe say “No” to those too small in scale.

ETF managers eager to take advantage of growth potential in Asia market, Vanguard says

Although the global ETF market has drawn constant flows over the past 11 years, its growth in Asia is relatively slow when compared with the US, he points out.

AMP defends charging dead clients

AMP has always had a process in place to refund these premiums upon payment of the life insurance claim.

SSGA receives $2bn in RQFII quotas

In total, seven firms in August became first-time recipients of China’s quota programme, allowing them to invest in the onshore markets.

Capria launches Singapore office ahead of unveiling regional managers it has backed

The development comes as Capria is set to hit the first close of its $100 million fund of funds that will invest in emerging markets-focused funds.

South Korea’s NPS appoints State Street as service provider, BNY Mellon as custodian

The appointment comes just a few days after NPS named BNY Mellon as custodian to safeguard its fixed income investment.

Pictet AM launches market neutral Japan fund

Commenting on the launch, Nishimura said: ‘A thorough understanding of both company fundamentals and market technicals is essential to generating consistent returns in this market.

Hedge fund manager enters HK retail market

Hong Kong-based Foundation Asset Management has received the regulatory green-light to roll out a fund in the local market.

Major changes outlined for Hong Kong intermediaries

New fit and proper, continuing professional development and education standards proposed

Singapore Q3 bond market stuns with quadrupling of issue value

OCBC, DBS, HSBC issued billions in perps; but robust performance may not hold in final quarter as banks unlikely to repeat similar capital raising

Hedge fund manager enters Hong Kong retail market

Regulator has given the green light for Foundation AM to roll out an equity fund

Alternative Investments