Managers of Wealth Asia Pacific

AXA Investment Managers names Pierre-Axel Margulies as China country manager

Shanghai-based AXA SPDB Investment Managers had 345.46 billion RMB (US$50.13 billion) of assets under management as of end-2021.

Japan property lures private equity with solid yields, prospective deals

KKR’s Japan investments have for years focused on acquiring companies, but in March it signalled a move into the local property market when it announced a 230 billion yen (S$2.3 billion) acquisition of a Japanese real estate asset manager.

A quarter of retirees will die with their super wealth intact

Almost 23 per cent said they did not want to spend their capital in retirement, and instead live off earnings.

Bridgewater Associates Opens Office in Singapore

Bridgewater is considered the largest hedge fund in the world with approximately $150 billion in assets under management.

Carlyle Forms Credit JV in Australia and New Zealand

The platform will manage two primary strategies: one focused on delivering stable, income-oriented returns from Australian

Philippine pension fund SSS’ first half net income down 21% on higher expenses

Total assets as of end-June was 710.43 billion pesos, up from 702.4 billion pesos at the end of last year.

DWS and KB Asset Management form strategic alliance in Korea

Frankfurt-based DWS had 833 billion euros (US$830 billion) of assets under management as of June 2022.

China’s bad debt funds are no white knights in property crisis

The savior role is one the asset management companies, or AMCs, were set up to play in the wake of the Asian financial crisis as Chinese banks teetered on the brink of collapse.

Lightnet Receives $50 million capital commitment from LDA Capital to Boost Velo Blockchain Technology

Global alternative investment group, with expertise in innovative, cross border transactions, adds next generation financial infrastructure to its investments portfolio

Super trustees urged to improve effectiveness of target market determinations

Clear target market determinations with appropriate underlying review triggers and controls, point to a trustee’s sound understanding of their product and the design and distribution obligations.

Indonesia's wealth fund to invest in expansion of port in Malacca Straits

The deal, the value of which was not disclosed, is part of a $7.5 billion partnership between the Indonesia Investment Authority (INA) and Dubai-based DP World

Singapore Keeps Landing Knockout Blows on Hong Kong

Just take a few headlines from just this past week starting with the finews.asia report that the city-state expects to lead the Asia Pacific as the market with the highest proportion of millionaires by 2030.

CountPlus’ wealth division sees increase in advisers and firms

The listed advice group has released its FY22 results

SGX Expects More Demand from US-Listed Chinese Firms

Last month, SGX signed an agreement with the New York Stock Exchange on various matters including the enhancement of collaboration on dual listings.

Korea Post seeks managers for 800 billion won venture capital mandate

Applications are open until September 5, with evaluation and manager selection scheduled by the end of October.

Singapore’s Frasers Property sets up fund management unit

Frasers, which is listed on the Singapore Exchange, owns, develops and manages a diverse property portfolio with total assets of S$38.7 billion (US$27.72 billion) as of end-2021.

Sun Life Hong Kong launches upgraded Stellar (18-pay) First-in-market Death Benefit Settlement Option to cater to the needs of comprehensive legacy planning

Sun Life Hong Kong also announced the launch of the SaveFast Endowment Plan

Alternative Investments