Managers of Wealth Asia Pacific

Korea money market fund assets reach record high

According to Fitch, Korea’s money market funds are more volatile than in the global market, so asset managers need to hold sufficient liquidity to meet unexpected redemptions.

ADB raises $4 billion from global bonds

In a statement, the ADB said it raised $2 billion each from the issuance of two-year and 10-year global bonds.

Manulife Investment Management explores opportunities for investors to reinforce portfolio resilience in its latest Global Intelligence report

The report serves to build confidence in positioning a resilient portfolio – especially during times of extraordinary challenges.

Hang Seng Bank and Qianhai have collaborated on a joint-venture mutual fund aimed at capitalizing on cross-border opportunities in China

The company, which is primarily owned by Hang Seng Bank, is the first mutual fund in mainland China to be controlled by a Hong Kong entity.

Fidelity China Special Situations reduces fees by 5bps

NAV up 2.6%

Europ Assistance announces new acquisitions in Asia-Pacific

With these acquisitions, Europ Assistance confirms the importance of this region to its sustainable growth strategy.

Philippine pension fund SSS to launch new voluntary scheme, report says

The SSS had 710.43 billion pesos of assets as of end-June 2022.

Family offices plan to grow alternatives exposure – Preqin

The alternatives data provider's report shows a dispersion in planned allocations to alternatives depending on the asset class.

Philippine Congress passes law to create sovereign wealth fund

The passage of the legislation comes seven months after it was introduced in the House of Representatives last November by Romualdez and Representative Sandro Marcos.

Zurich Insurance In Talks For Indonesian Business

Zurich Insurance did not respond to a request for comment.

Enstar signs $237m loss portfolio transfer agreement

"Australia is an important jurisdiction and very much part of our focus as we look to deliver long-term value to our clients worldwide.”

Korea Post seeks experienced ESG asset manager for domestic equity mandate

The government postal agency is among the most active Korean institutions in outsourcing investments. Like most of them, it doesn’t often announce tender results publicly.

Manulife Hong Kong to rebrand two MPF funds into ESG themed products

The two funds will incorporate ESG factors as their key investment focus, and this will also be reflected in their investment objectives and underlying investments, Manulife Hong Kong says in a statement on June 2.

HEAD-TO-HEAD: JP Morgan versus Robeco

FSA compares the JP Morgan Pacific Equity fund and Robeco Asia Pacific fund.

Hong Kong’s Value Partners’ founders sell 20.2% stake to China’s GF Securities for HK$1.12 billion

The company says its board may consider a proposal to declare a special cash dividend to shareholders of up to HK$0.50 a share before the deal, which is pending regulatory approvals, is completed.

Value Partners to Introduce Strategic Investment from GF Securities to Boost Business Development and Facilitate Long-term Growth

Upon completion of the transaction, which is subject to various approvals, GF Holdings is expected to hold 20.2 percent of Value Partners, though the exact shareholding and consideration have yet to be finalized.

Alternative Investments