Managers of Wealth Asia Pacific

Japan pension giant GPIF’s investments take a beating from Omicron

The benchmark Tokyo Stock Price Index dropped 0.4% and the yield on ten-year Japanese government bonds fell to 0.07% in December from 0.1% in October.

Invesco Lists its First ETFs on Tel Aviv Stock Exchange

Ittai Ben-Zeev, TASE CEO, said Invesco’s additions demonstrated the demand for ETFs in Israel.

Australia’s Future Fund assets at record as return jumps; frets about inflation, interest rates

“Looking ahead we remain focused on sustaining a portfolio that is as robust as possible to a range of scenarios, and that balances our risk and return objectives,”

Korea Post hires Blackstone, Tristan for 200 million euro real estate mandate

Korea Post had around 134 trillion won of assets under management as of end-2020.

Seibu considering selling Prince brand hotels and other assets to Singapore's GIC

The company’s core subsidiaries include Seibu Railway, which serves northwestern Tokyo and western Saitama Prefecture, as well as Prince Hotels, one of the largest hotel chain operators in Japan.

Korea Development Bank seeks bids for 150 billion won mandate

Applications are open until February 22, with evaluation and manager selection scheduled by mid-March.

China, Hong Kong M&A Reaches Record High

China dominated M&A activity with 2,179 deals, including a $111.5 billion merger between Sichuan Railway Investment Group and Sichuan Transportation Investment Group – last year’s largest deal worldwide.

STM Group subsidiary debuts 'super' service for Australian residents with UK pensions

Over the last five years I have seen various rule changes that advisers need to keep up to date with from the ATO and HMRC respectively.

Irongate Group targeted by Charter Hall managed partnership

The partnership of Charter Hall and PGGM would fund the proposal from existing financial resources, including existing cash and undrawn and new debt facilities, and both entities had already received approvals from their relevant board and investment comm

Ping An Life Insurance Gets Approved to Restructure New Founder Group

In accordance with the Restructuring Investment Agreement and the selection of the debt repayment plan by the creditors of the restructuring entities, Ping An Life will pay approximately RMB 48.2 billion to acquire approximately 66.51% equity interest in

VGI Partners-Regal merger labelled ‘shotgun marriage’

The deal follows a difficult few years for VGI Partners, which has suffered long bouts of underperformance

VGI Partners agrees merger with Regal Funds Management

VGI’s ticker and name was anticipated to change to reflect the combined business.

Centuria’s AUM hits $20.2 billion

“The upgraded earnings guidance has been driven to a large extent by continuing strong investment property markets producing significant valuation growth and leading to higher FY22 management and performance fees,”

New Zealand’s Smartshares first in world to get OK for Asia Region Fund Passport

New Zealand introduced regulations for the passport that same year, and Smartshares has been working with government agencies, including the New Zealand Financial Markets Authority, to complete the application process, NZX says.

China Weighs Breaking Up Evergrande to Contain Property Crisis

The government is looking at selling the bulk of the firm’s assets under a restructuring proposal.

Vietnam’s VinaCapital named investment adviser for Taiwan’s Jih Sun Vietnam fund

“In a new, developing market like Vietnam, it is important to have a trusted partner, and we are pleased to be working with VinaCapital,”

Japan’s Sumitomo Life buys A$120 million of Dutch bank BNG’s sustainability bonds

The Dutch Social Housing Association, which primarily provides affordable rentals to lower income people, will also draw down on the proceeds to improve sustainability of residential areas, Sumitomo Life says.

China’s sustainable fund assets hit record 339 billion RMB

Those inflows drove assets up 78.4% in the nine months through September from 190 billion RMB at the end of 2020.

China electric vehicle ETF launched in Singapore

batteries, sensors and semiconductors. “Electric vehicles and future mobility solutions will change our world and lives indelibly, help make our future more sustainable, making this a compelling investment for investors globally to consider,”

Investors shun active ETFs despite launch push

The rise in funds under management was helped by market appreciation, which contributed 45% of the total annual growth, and net inflows of $23.3 billion thanks to the number of Australian investors into ETFs rising by 33% during the year.

Alternative Investments