08/13/2018
China’s Ping An Insurance mulls acquiring Prudential’s Asia business, report says
According to the report, deliberations are at an early stage and Prudential has not been approached.
Alternative Investments
08/12/2018
Why are so many Indian fund managers quitting private equity firms?
It also involves heart-stopping levels of risk-taking and highstakes decision-making
08/12/2018
China’s growing footprint in Africa
China’s President Xi Jinping appears to have made Africa one of the top priorities of his foreign policy.
08/12/2018
Knight Frank partners Barleys to tap on cash-rich Singaporean buyers of New Zealand homes
Bayleys has acquired the Knight Frank operations in New Zealand
08/10/2018
Value Partners launches its third onshore fund
The firm won approval for its third onshore equity product Feng Tai-China A Share Fund 1, which was incepted on 6 July.
08/10/2018
Funds turn bullish on Indonesia bonds
Western Asset Management Co says a proactive central bank and the recent increase in yields may be creating a buying opportunity for the country's dollar-denominated debt.
08/10/2018
Japan bond exodus fears overblown, regional banks say
The BoJ’s policy tweaks, made partly to ease the pain of its stimulus for local banks, have spurred speculation that Japanese funds could shift some of the $2.4 trillion invested in overseas debt back home.
08/10/2018
After Mercari - Japanese asset managers see new era in venture capital investing
Its pre-IPO shareholders included Development Bank of Japan and Japan Post Capital.
08/10/2018
Japan’s GPIF hires two local banks as custodians for short-term assets
GPIF named the two domestic banks as custodians of the short-term assets in a statement on August 8.
08/10/2018
Suncorp signs $725 million deal to sell life insurance arm
Suncorp announced the deal at the same time as its full-year results — the key highlight being a 1.5 per cent drop in net profit to $1.06 billion, hurt by rising costs.
08/10/2018
HNA sells $2.2bn Avolon stake
Deal signals willingness to sell core assets after $15bn of non-core disposals
08/10/2018
Chinese Private Equity Firm To Invest $270 Million In Overstock Blockchain Subsidiary
Collectively, the total investment could reach as high as $404 million and would give tZero a valuation of $1.5 billion, if the deal closes on December 15, as planned.
08/10/2018
BIMB Investment launches ESG sukuk fund
BIMB ESG Sukuk Fund applies Arabesque S-Ray in its ESG screening which systematically combines over 200 ESG metrics with news and data signals from over 50,000 sources across 15 languages.
08/09/2018
China asset managers get approval to offer target pension products
A China AMC spokeswoman, who confirms that the company has been granted a licence to manage such products, says its FOFs has been registered as a TDF.
08/09/2018
Prudential’s focus on Asia pays off as region generates higher profit for insurance giant
The insurer, which has 15 million life customers worldwide, has turned its focus to Asia, where a large portion of the population is still not covered by any kind of insurance plans.
08/09/2018
Foreign investors snap up battered Chinese stocks as trade war fears persist among local traders
Overseas buying hits US$4.3 billion in past three weeks
08/09/2018
GROW Super co-founder sells advice business
A privately-owned AFSL has acquired the financial advice business of a GROW Super co-founder.
08/09/2018
Magellan funds record $331m profit
The funds management business generated $429 million in revenue
08/09/2018
Trust splitting: no longer an estate planning option?
Despite the uncertainty on the tax treatment, trust splitting has been used by many lawyers as an estate and succession planning tool.
08/09/2018
TAL acquires Suncorp Life
Suncorp chief executive and managing director Michael Cameron said the sale was the superior option, adding that it will simplify Suncorp's business model.