Managers of Wealth Asia Pacific

Taiwan’s BLF funds hit as inflation, rate hikes slam markets

“Global financial markets were affected by the Ukraine-Russia war, inflation risk and global central banks’ rate hikes,” BLF says in a statement on January 3.

Standard Chartered becomes first foreign bank to trade bond futures in China

“We believe that the depth and breadth of global investors’ participation in China’s capital market will continue to increase” as more comprehensive risk management tools become available, its Asia chief executive officer Benjamin

Korea Post, in first mandate of 2023, seeks bids for global equity ETF

Applications are open until January 13 and the winning bidders are expected to be chosen by February 7.

CGS-CIMB begins offering ADDX’s private market deals to all its high-net-worth clients

The partnership is part of a new service called ADDX Advantage that was rolled out earlier this year to serve wealth managers, which includes private banks, brokerages and external asset managers.

Singapore private home prices to rise at slower pace in 2023

Private residential prices will see slower growth and may even correct slightly in the second half of 2023, director and head of research at Colliers Singapore Catherine He said.

Singlife with Aviva is now Singlife

Name change comes a year after S$3.2 billion insurance merger

JGB yields soften after Bank of Japan operations

The BOJ also announced a day earlier that it will hold a two-year pooled collateral operation, aimed at supplying financial firms with easy cash, amounting to US$7.54 billion at a zero per cent interest rate on Jan 4.

Thailand leads Asia-Pacific in digital payment: MasterCard’s survey

Consumers in Thailand lead in the Asia-Pacific region in using digital payment methods, according to MasterCard’s survey results released on December 28.

Open Banking uptake well underway in Australia: Experian

Half of those surveyed already see significant value from Open Banking, while the other half are still trying to determine how to extract the most value from their projects.

Malaysia fund manager PNB sees challenging 2023 as growth in major nations slumps

The distribution, which includes a 0.5 sen extra bonus to help unitholders with cost of living pressures, was slightly up from 5.0 sen in 2021.

KKR invests in South Korean clean energy firm SK E&S

Deal involves purchase of redeemable convertible preferred shares

StanChart Malaysia’s new chief on how the bank wants to differentiate itself

“So, we did some reflection and undertook a kind of SWOT analysis, if you will, to look at where we can really play to win, areas that we’re a bit weak in, and how we should improve.”

Fosun International Granted Three Awards from Global Banking and Finance Review in the United Kingdom

Since 2019, Fosun International has established the ESG Board Committee and the ESG Working Group to comprehensively improve ESG management and ensure the implementation of each ESG indicator.

Singlife with Aviva Launches Accelerator for Insurtech Startups

With access to Singlife’s suite of products and insurance verticals as well as personalized mentorship, Singlife Connect applicants can benefit from quicker customer discovery

Labuan IBFC continues to see captive growth

Labuan FSA also signed a corruption-free pledge for high integrity and good governance.

Southeast Asia Poised To Benefit From Reduced China Focus

One factor that continues to be an important issue for asset managers in the region is talent management, said Mukherjee.

China mutual fund inflows and assets shrink as stocks plunge

The benchmark CSI 300 Index shed more than 22% from January through September of this year, weighed down by extended Covid-19 lockdowns even as most other countries dropped restrictions and reopened their borders.

AustralianSuper extends Link Group’s service provider contract

Melbourne-based AustralianSuper had almost three million members and A$263 billion (US$175.82 billion) of assets as of September 2022.

VIAM appoints Apex Group for private credit fund admin

VIAM is an established asset management group with over $11 billion of AUM across multiple asset classes and key business centres in Hong Kong, Singapore, and South Korea.

Singapore’s Keppel funds buy office tower in Korea for 220 billion won

The building is a three-minute walk from the Anguk subway station and a 30-minute drive from the Gangnam and Yeouido business districts.

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