Managers of Wealth Asia Pacific

Macquarie looking for planning firm insights

Macquarie has joined the growing list of companies trying to get a gauge on the evolving shape of the financial planning industry and the degree to which it is converging with accounting.

GE's US$5 billion Japanese commercial lending unit has two bidders: WSJ

Two bidders remain in the race to purchase General Electric Co.'s Japanese commercial lending business, the Wall Street Journal reported on Sunday, citing a person familiar with the situation.

Flipkart sells marginal stake to HNIs for Rs 180-240 crore, move aimed at talent retention

Such a move gives employees holding stock options an avenue to monetise them, something they normally wouldn't be able to do in absence of a listing.

Macquarie to enter robo-advice

It will have the facility to execute trades and implement plans for investors without them needing to move their funds to a new account.

Canadian pension fund arm Ivanhoe Cambridge doubling investment in China

That is part of its strategy to double the weighting of growth markets, including Asia-Pacific and Latin America, in its global portfolio.

Red Sena placement oversubscribed

Among the eight investors taking up blocks of the private placement shares are notable private investor Brahmal Vasudevan and other large asset management companies who bought the shares for their high net worth clients.

Australian Funds Hoard Cash, Fearing Market Turmoil

As recession looms, biggest managed equity funds hold almost twice their normal average in cash

Nippon Capital Asset Management J-LLC to Open New Office

The firm, which recently announced an ambitious recruitment drive that would effectively double headcount, will open its first overseas office in China in 2016.

Hedge fund manager Sparx Group launches OneAsia Long Short UCITS Fund on MontLake Platform

Sparx Group AUM currently stands at more than USD 8 billion

Modi govt's gold schemes can perform better than previous ones, says UBS

The Modi government has announced plans to facilitate deposit of gold as well as a gold bond, to hopefully monetise it into more productive use and also curtail imports.

Manulife eyes insurance, asset management deals in Asia

Any deal in Asia would accelerate its growth plans in the region, which has been a big driver for the broader company.

Nomura Establishes Financial Innovation Office

The new office will be charged with further enhancing the promotion and support of the firm’s businesses through innovation in the area of financial services.

Fiera Capital Enters Asia-Pacific Market

Long-term investors in Asia-Pacific are looking to diversify their portfolios with high-quality global equities. The launch of this new fund by Nissay AM in collaboration with Fiera Capital addresses this demand.

Global earnings season offers sufficient hope by Mikio Kumada, CIIA, Global Strategist LGT Capital Partners

Only US earnings continue to beat expectations, which is another sign that the US economy is doing rather well and justifies the US equity market’s recent strength.

IOOF remains acquisitive

While it is disappointing that it did not proceed, IOOF remains firmly focused on its existing strategy of integration, business simplification, and future adviser-driven growth into IOOF’s flagship platforms

AMPAM nabs Schroders fund

AMPAM will assume management rights to the $1.4 billion ASX-listed Schroders Property Fund.

Metrobank named PH’s ‘strongest bank’

The AB 500 Strongest Banks by Balance Sheet Ranking is the most comprehensive annual evaluation that captures the quality and sustainability of the balance sheets of banks in the region, it said.

Mainland wealth manager plans HK hiring spree

Noah sells products of other money managers and also offerings of its asset management unit.

Financial cooperation connects complementary markets of Asia and Europe

In this sense, mutually beneficial and win-win financial cooperation between Asia and Europe promises enormous potential.

KIC and Gaw Capital seal deal for InterContinental Hong Kong

A consortium led by Korean sovereign wealth fund, the Korea Investment Corporation

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