Managers of Wealth Asia Pacific

Hang Seng Bank and Chubb Enter Into a 15-Year Insurance Partnership

The partnership between Hang Seng Bank and Chubb reflects the intersection of wealth management, banking, and insurance.

DBS divests majority stake in AXS to Tower Capital Asia

The transaction is not expected to have any material impact on the earnings or net tangible asset of DBS Group Holdings Ltd. for the financial year ending 31 December 2023.

Labuan IBFC Inc. participates in market development seminar organised by CCB

The Centre was joined by key personnel from leading banks at the seminar which was organised by China Construction Bank (CCB) Shanghai and CCB Labuan.

Singapore Foreign Fund Inflows Led by the Americas

The figure accounts for all foreign investor types, including both non-retail individual and institutional clients.

Australia’s Cromwell sells 50% of Italy logistics fund to Hong Kong’s Value Partners

Cromwell’s European team will continue managing the portfolio after the deal is completed, expected to be in late July.

Malaysia open to allowing mandatory EPF withdrawals when members retire

EPF members can currently withdraw all their money when they reach the voluntary retirement age of 55, or make periodic withdrawals.

SDAX Strengthens Offerings With 20 MOUs To Meet Growing Demand For Alternative Assets

"We are thrilled to be partnering with these international brands, each of whom are leading players in their own right. "

Franklin Templeton crowned this year’s Fund Manager of the Year

Franklin Templeton offers a wide range of strategies to Australian investors, which it has been serving for 35 years, including managed funds and active ETFs across equity, fixed income, multi-asset and alternatives.

Fidelity, Abrdn hunt industries seen immune to China slowdown

An index of 11 of the biggest European luxury firms, including LVMH Moet Hennessy Louis Vuitton and Compagnie Financiere Richemont, has climbed about 25 per cent this year.

China’s industrial profits tumble, deepening economic gloom

“The still slow recovery in industrial profits pointed to sustained difficulties facing business operations,”

Singapore firm wins Japan’s GPIF mandate to assess private infrastructure portfolio

The GPIF’s latest annual report shows that it had approximately 1.08 trillion yen (US$7.5 billion) of assets under its internally managed and discretionary alternative strategies as of April 2022.

HKEX’s New IPO Settlement Platform, FINI, to Launch in October

FINI will modernise and digitalise Hong Kong’s IPO settlement process, driving efficiency and supporting the long term development of Hong Kong as a capital raising centre.

Franklin Templeton Launches New China A-Shares Fund for Singapore Investors

The fund is registered as a Recognised Scheme for sale in Singapore.

Navigator and Fullerton Fund Management launch collaboration to expand range of investment solutions

The collaboration demonstrates Navigator’s commitment to continuously improve its product suite, to better serve investors on their wealth journey.

IG bonds dominate Asia's discretionary portfolio mandates

Bonds are back, as clients seek protection after a rocky year, Asia DPM heads of Deutsche Bank IPB, JP Morgan PB and Pictet WM tell Citywire Asia.

PwC to sell Australian government business in wake of scandal

The Big Four firms of the consulting and accounting industry – Deloitte, KPMG, EY and PwC – have long been criticised for their association with international tax avoidance.

Chinese private pension market to hit $550bn by 2030

Following reforms to the market

Sumitomo Mitsui DS Asset Management Selects Burgiss’ Full Suite of Private Capital Data and Analytics to Support Its Asset Management Business

The company also has funds of funds reporting that requires underlying portfolio company-level details.

StanChart Turns Bullish on Chinese Equities

Visits from prominent US business leaders and key officials from the US government suggest a potential thaw in US-China relations, soothing geopolitical concerns – one of the key headwinds in H1 23 – in the short term.

Vietnam-focused PENM Partners turns to family offices for 5th fund

Denmark-domiciled private equity firm sees promise in Southeast Asian country

Alternative Investments