07/08/2022
Singapore CPF sees record voluntary contributions, account balance
CPF contributions are compulsory for employers and employees.
Alternative Investments
07/08/2022
Julia Lee pops up at State Street
Earlier in her career, she worked as head of fundamental analysis at the Hubb Financial Group.
07/07/2022
Taiwan’s BLF call bids for US$3 billion bond mandate
BLF’s first investment tender of the year was in March, when it called bids for a $2.3 billion global climate change mandate.
07/07/2022
SuMi TRUST to Partner Side-by-Side with Apollo and Athene as a US$1.5 Billion Investor in a Proprietary Portfolio of Alternative Assets
This investment by SuMi TRUST follows other Asia-based institutional commitments, which in total account for more than $5 billion in third-party capital.
07/06/2022
Hong Kong’s ESR injects China logistics assets into new joint venture with Singapore’s GIC for 2 billion RMB
GIC does not publicly disclose its asset data. The Sovereign Wealth Centre estimates the wealth fund had around $545 billion of assets as of March 2021.
07/06/2022
Singlife with Aviva Launches A Better Odyssey
Emerging businesses can look forward to exclusive offers such as free credits, preferential pricing for products and services and further networking opportunities.
07/06/2022
Manulife Investment named master agent of abrdn’s offshore funds in Taiwan
Edinburgh-based abrdn had £542 billion (US$656 billion) of assets under management as of December 2021.
07/05/2022
Philippine pension fund SSS to launch new schemes to widen social security coverage
“We recognise the unique situation of our informal economy workers and we are coming up with the appropriate payment programme to make SSS more inclusive to as many fellow Filipinos,”
07/05/2022
Financial services group buys 35% stake in Aussie wealth firm
Deal involves an initial cash consideration of A$740,000.
07/05/2022
Nomura launches sustainable Shariah fund in Malaysia
The fund has a minimum initial investment of RM1,000 and $1,000, and Nomura Asset Management UK will provide investment research and stock recommendations for the product.
07/04/2022
Diverger announces investment in McGregor Wealth Management
Investment in growing adviser practices enhances the contribution of Diverger’s Wealth Solutions division through increased share of earnings and recurring cash dividends.
07/04/2022
BlackRock's China ETF lures record cash amid world-beating rally
"It speaks to the bottom fishing going on, and the desire to allocate to any asset that is actually going up in this environment,"
07/04/2022
Enhanced Currency Swap Agreement between People's Bank of China and Hong Kong Monetary Authority
The HKMA will further enhance the RMB Liquidity Facility, including increasing the size and streamlining the operation, to support the continued development of Hong Kong’s offshore RMB market. Details will be announced in due course.
07/04/2022
Puhui Wealth Investment Management Co., Ltd. Announces Financial Results for the Six Months Ended December 31, 2021
The Company also filed these results on Form 6-K with the Securities and Exchange Commission
06/30/2022
Manulife Seeks 100% Ownership of China Funds Arm
Regulators accepted an ownership change application as the Canadian firm pledged to expand both its Asian and asset management units However, this does not mean that you have herpes, it simply means that you have herpes symptoms as side effects.
06/30/2022
Korea’s Mirae seeks managers for US$150-$200 million global mandate for SME group
Applications are open until July 6 with due diligence and manager selection scheduled by the end of September.
06/30/2022
Shanghai Wensheng Asset Management Co., Ltd. Completes its Third Round of Fundraising
“Wensheng is a well-established company which has grown exponentially since their inception in 2006. We look forward to collaborating with Wensheng to explore new investment opportunities in the China market.”
06/29/2022
Thai Life Insurance eyes US$1 billion in July IPO
Market leader AIA Thailand had 24.24% share, FWD Life, 14.89%, and MuangThai Life, 13.70%
06/27/2022
Everest Insurance expands into Asia
Senior vice-president and regional head of insurance in Asia, Ben Carey, will lead operations and a team of seasoned underwriters.
06/27/2022
PCS by Mercer Launches Novel Digital Insurance Broking Service
PCS has the ability to provide remote end-to-end life protection broking services to clients; from consultation and medicals to documentation and contract signing.