08/02/2023
Calastone: Asia Shuns Equity for Fixed Income Funds
After recording a net outflow of $63 million in April, investors continued selling equity funds which resulted in further net outflows of $222 million in May and $174 million in June.
Alternative Investments
08/02/2023
BlackRock, MSCI Probed for China Investments
BlackRock denied any wrongdoing and said that it complies with all applicable US government laws and will engaging the committee directly on issues raised.
08/01/2023
OCBC’s Great Eastern Holdings Advances in Acquisition Talks for MetLife's Malaysian Venture
As part of the due diligence process, Great Eastern is said to be conducting a thorough examination of the company and seeking regulatory approval to finalize the deal.
07/31/2023
Hong Kong needs banking talent with Arabic, Islamic finance skills to woo Middle East wealth, expert says
“We have come across some individual Middle East clients who have had difficulty in opening personal accounts with banks in Hong Kong,” said Tan, the chairman of Wrise Group Holdings, a wealth management platform.
07/31/2023
MAS Announces end-2025 Timeline to Eliminate Corporate Cheques
Charges for individual and corporate cheques set to increase by 1 November 2023
07/28/2023
Hong Kong's Isola Capital to launch up to $400m fund in Q3
Vehicle betting big on private equity in aim to generate high returns
07/28/2023
Singapore Institute of Directors launches accreditation framework, governance alliance
“We cannot shy away from these challenges, or wish them away. Instead, we must raise our game as a country, build new capabilities, strengthen our value proposition and our competitiveness as a reliable and trusted hub for business,”
07/27/2023
BlackRock Forms Asset Management JV in India
Each of the two firms will own 50 percent of the venture and also target an initial investment of $150 million.
07/27/2023
Swiss-Based Insurers Vie for Kotak Insurance Stake
With Chubb’s offer, the deal would be valued at less than $800 million.
07/25/2023
PineBridge ‘not surprised’ by China’s fading reopening
PineBridge's Hani Redha explains why fading momentum from China's reopening is not a major concern.
07/25/2023
Apex Group to expand Japan presence with AXESS Accounting Office acquisition
This acquisition follows Apex Group’s recent announcement of the planned acquisition of global proptech and technology provider Retransform
07/24/2023
Philippines Sets Course for $9 Billion Wealth Fund Amidst Concerns and Potential Impact
The fund is expected to channel funds from state banks and government-owned corporations into investments and infrastructure spending.
07/24/2023
Bain Capital to Acquire and Invest in Adani Capital’s Growth
The transaction is expected to close in Q4 2023, pending necessary regulatory and market approvals.
07/21/2023
Single family offices unlikely to flock to Singapore equities until market returns pick up: industry watchers
“Family offices are no different from any other investor – we want to make money without taking too much risk,”
07/21/2023
Ares Management Corporation to Acquire Crescent Point Capital
Ares has established direct sourcing and investment capabilities in the Asia Pacific region across the credit, private equity, real estate and infrastructure asset classes through Ares Asia, previously known as Ares SSG.
07/20/2023
Schroders quantifies the effects of human capital management enhancing investment process
Even as the integration of artificial intelligence across industries evolves, the relevance of people as the stewards of value creation will remain high.
07/19/2023
Australia’s delayed green bonds to face higher scrutiny
It will also attract more green capital to Australia by increasing transparency around climate outcomes.
07/18/2023
Japan’s Dai-ichi Life invests in Australian asset manager IFM’s net zero fund
The sustainable development goals referred to are the United Nations’ blueprint to achieve a better and more sustainable future.
07/18/2023
Lombard Odier Investment Managers Debuts in Taiwan
Lombard Odier has been present in Asia Pacific for over 35 years and it has an ecosystem of strategic alliances in major markets in the region.
07/14/2023
Malaysia’s EPF plans new account that members can tap at any time
The other 30% goes into Account 2, which members can tap for buying a house, or for educational and healthcare purposes.