02/15/2023
Zurich wins group insurance mandate
TAL remains the insurer for the Suncorp super business, Brighter Super noted.
Alternative Investments
02/14/2023
BlackRock cuts Japanese stocks to ‘underweight’ on hawkish BOJ risks
Japan’s government is likely to appoint academic Kazuo Ueda as the next Bank of Japan governor when Haruhiko Kuroda’s second term ends in April, a surprise choice that could finally align the country with other major economies in raising inter
02/14/2023
Ex-Partner at Joe Tsai’s Family Office Starts Fund
Danny Lee looks to build team, raise money for private equity
02/14/2023
Hong Kong must seize opportunities with Middle Eastern investors eyeing mainland China market, top banker says
Standard Chartered’s Benjamin Hung says senior executives of sovereign wealth funds he met last week all agreed assets allocated to China ‘could be increased’
02/13/2023
China’s insurance asset management association registers product scale of over one trillion yuan
The index tracking e-commerce logistics activities reached 104.6 points, up 1.8 points from the previous month, bucking the trend of contraction for three consecutive months
02/10/2023
Sun Life CEO sees boost to Asian operations despite a year of COVID lockdowns
The boost in insurance and banking sales will also come from a new 15-year bancassurance partnership in Hong Kong with Dah Sing Bank DHSBF N/Ano change, as well as an extension to an existing bancassurance partnership in Indonesia, he said.
02/10/2023
AIIB launches US$130m venture capital programme for sustainable infrastructure
Through small-scale VC funds, AIIB aims to support early-stage companies across its members in adopting new technologies, or creating new business models that help promote sustainable infrastructure.
02/09/2023
Philippine pension fund GSIS sees non-life gross written premiums at record high in 2022
This was the highest recorded by GSIS
02/09/2023
New Australian Retirement Trust Mandate Entrusts State Street with the Custody and Administration of More Than Two Million Australians’ Superannuation Savings
State Street to Provide Investment Operations Transformation and Data Analytics Support for One of Australia’s Largest Superannuation Funds
02/08/2023
Singapore’s GIC cuts exposure to H2O Asset Management
Decision by sovereign wealth fund follows French market regulator’s fine last month
02/08/2023
Doo Wealth Adds A Newly Registered Hong Kong Trust Company
Based on the objectives of clients' customized investment strategy, the Trust Company as the trustee makes investment decisions on behalf of clients.
02/07/2023
Morgan Stanley gets China nod to buy out joint venture partner
The announcement comes just two weeks after rival US fund house J.P. Morgan Asset Management said it had won approval to buy joint venture partner Shanghai International Trust Co’s 49% shareholding in China International Fund Management.
02/06/2023
Hong Kong Leader Confirms Aramco Listing Efforts
Of note for the financial sector is the confirmed efforts to lure oil giant Aramco and its subsidiaries to list in Hong Kong to take advantage of its hub status and benefits.
02/06/2023
AZ NGA buys stake in Melbourne advice firm
The deal follows shortly after AZ NGA bought a stake in another Melbourne-based firm, SCM Financial Group.
02/06/2023
Taiwan’s BLF funds swing to record investment loss in 2022
Although the pension supervisor expects the grim economic environment and geopolitical issues to continue weighing on corporate earnings, it believes the rate hike cycle is coming to an end and that market sentiment will improve.
02/02/2023
Axa IM Alts Expands Japan Property Portfolio
The firm was advised by J.P. Morgan Global Alternative Real Estate Asia Pacific in the acquisition of the portfolio from institutional investors.
02/01/2023
China Reopening: Dry Powder Will Boost Asset Management
The end to quarantine and easing of other Covid restrictions in Chinese Hong Kong and the Chinese Mainland have been a promising start to 2023.
01/30/2023
ADDX tokenises global macro hedge fund Asia Genesis by top veteran trader
In 2009, JMF was one of Singapore’s largest macro hedge funds, with approximately US$800 million in assets under management (AUM), having grown 100 times from an AUM of about US$8 million in 2000.
01/27/2023
Prudential to set up operation in Macau
It will offer life and health insurance solutions in the special administrative region
01/26/2023
Knight Frank and Berkadia form international alliance
The platform spans all major capital hubs and sources of capital, including the US, Asia Pacific, Europe, the UK and Middle East