Managers of Wealth Asia Pacific

SMFG in Talks for SBI Stake

Bloomberg reported that representatives of SMFG and SBI had said nothing had yet been decided.

DBS turns unsecured loans into trade finance for SMEs

DBS intros data-analytics credit facility with the Hong Kong chapter of trade-standards provider GS1.

Wellington targets Hong Kong retail funds

The investment management firm launches four investment funds for local investors.

Australia BNPL Acquisition Deal Collapses

The market didn’t take the news well.

Korea’s Mirae Asset acquires Australia’s ETF Securities

The deal gives them the opportunity “to add instant scale in the Australian market”, and ETF Securities’ lineup of thematic, commodities and digital asset strategies also complement the “innovative and intelligent ETF solutions

ETF Securities acquired by Mirae Asset

“This acquisition underscores Mirae Asset’s continued commitment to maintaining industry-leading ETF businesses in key markets around the world and brings immediate scale to our operations in Australia.”

Japan’s Dai-ichi Life’s latest impact investment focuses on Africa

Dai-ichi Life had 37.46 trillion yen of total assets as of March 2022.

Singapore’s Frasers Hospitality Trust Proposes to Go Private

BofA Securities Inc., DBS Group Holdings Ltd. and Oversea-Chinese Banking Corp. are advising on the transaction.

S'pore resident buys entire floor of Suntec City Tower 2 for $38.8 million

The well-thought-out renovation also suited his immediate needs.

Leading wealth management marketers recognised

The two organisations to win multiple awards were Aware Super, Australia's third largest superannuation fund, as well as trading platform and superannuation fund, Superhero.

GIC Veteran Tapped by Yangzijiang Financial

The company acquired GEM Asset Management in April, which gave it entry into the fund and wealth management businesses and their potentially higher sources of recurring fee-based income.

Barrow Hanley Global Share Fund (managed fund) (Asx: Glob)

Barrow Hanley was part of Perpetual and a leader in global value investing.

IFA association launches in Australia

It is only interested in established advisers with a clean history.

CEO appointment fails to stem Magellan outflows

Global equities saw a decline of 7.3% month-on-month while Australian equities declined 8%.

Ford Scott partners with Otivo

Adviser Ratings research highlighted there were hundreds of thousands of clients who were no longer able to access advice due to increasing costs

Barings backs Asian equities amid volatility

Several themes are shaping the outlook for Asian equities, from regulatory crackdowns and localised lockdowns in China, to supply chain disruptions and rising inflation.

Macquarie Asset Management closes third Asia-Pacific regional infrastructure fund

The fund has received commitments from a diverse range of returning and new institutional investors from around the world, including pension funds, insurance companies and sovereign wealth funds.

RAM Ratings assigns LECA1 rating to Brighton Management Limited

BML is assessed favourably in terms of its operating record, staffing, management and financial standing. Meanwhile, business infrastructure and risk management practices are adequate.

AIA China Receives Approval To Begin Preparations To Establish A New Branch In Henan

The Chinese life insurance market remains significantly underpenetrated and offers tremendous growth potential for AIA as the Group expands into new geographies and deepens its presence through its established operations.

Japan’s Chikyoren hires UK’s ICG for global private debt mandate

Chikyoren, Japan’s second largest pension fund, had around 28.4 trillion yen (US$223.7 billion) of assets under management as of December 2021.

Alternative Investments