07/19/2022
BetaShares revises down ETFs FUM forecast
The first half of 2022 had been “far less buoyant”, the firm said, with inflows insufficient to offset market falls.
Alternative Investments
07/19/2022
Update on AMP Capital Wholesale Office Fund
Investment management
07/18/2022
Ping An Co-CEO Jessica Tan: Diversity key to changing evolving Ping An's business models to serve 200 million+ in China
Ping An, one of the largest insurance companies in the world, transformed from traditional P&C insurance business to integrated financial service provider with ecosystems in financial services, healthcare, auto services, and smart city
07/18/2022
Australia's ANZ in advanced talks to buy Suncorp's banking arm-media
A Suncorp spokesperson said the company does not comment on market speculation.
07/18/2022
Rockefeller’s Fleming sees banks’ caution growing over China
“All the major financial firms in the US were trying to build a presence in those markets and now you have a retrenchment back to home markets, on both a financial basis as well as on trade,”
07/15/2022
Selling insurance units could help Asia-Pacific lenders stay resilient: S&P
“Typically, banks will maintain long-term distribution agreements with the buyers of their insurance units, allowing them to continue offering insurance services to their customers without having to take on the cost of such products,”
07/15/2022
Malaysia’s EPF launches platform for members to buy affordable insurance
The plans only offer coverage for one year, without automatic renewal.
07/14/2022
Singapore’s Temasek warns of “fragile” global economy, recession risk in key developed markets
The trends are digitisation, sustainable living, future of consumption and longer lifespans.
07/13/2022
Foresight buys Infrastructure Capital Group
"We look forward to working closely with Foresight as we continue to enhance and develop our asset portfolio and returns for our investors."
07/12/2022
Maple-Brown Abbott launches Australian small companies fund
The Maple-Brown Abbott Australian Small Companies Fund is primarily invested in undervalued small companies where the investment team has conviction in medium-term earnings delivery and that are supported by sustainable business models.
07/12/2022
Jean-Louis Nakamura: «China Probably the Only Bright Spot»
According to Nakamura, there are two major reasons why the bank has been positive on A-shares since April this year.
07/11/2022
Wellington extends reach into China’s funds landscape
The Asset Management Association of China (AMAC) has given the nod for Wellington Management’s subsidiary to raise sums from local investors.
07/11/2022
Japan’s Sumitomo Life gives 3 trillion yen foreign bond mandate to investment arm Symetra
The insurer says it has deployed some staff to Symetra “and we plan to create an integrated team to improve the investment performance and the efficiency of the entire group”.
07/08/2022
Japan’s PAG plans US$1 billion investments in Asia renewable energy projects
PAG acquired the US firm’s solar project development and operations and maintenance platforms in Japan for an undisclosed sum in May.
07/08/2022
Singapore CPF sees record voluntary contributions, account balance
CPF contributions are compulsory for employers and employees.
07/08/2022
Julia Lee pops up at State Street
Earlier in her career, she worked as head of fundamental analysis at the Hubb Financial Group.
07/07/2022
Taiwan’s BLF call bids for US$3 billion bond mandate
BLF’s first investment tender of the year was in March, when it called bids for a $2.3 billion global climate change mandate.
07/07/2022
SuMi TRUST to Partner Side-by-Side with Apollo and Athene as a US$1.5 Billion Investor in a Proprietary Portfolio of Alternative Assets
This investment by SuMi TRUST follows other Asia-based institutional commitments, which in total account for more than $5 billion in third-party capital.
07/06/2022
Hong Kong’s ESR injects China logistics assets into new joint venture with Singapore’s GIC for 2 billion RMB
GIC does not publicly disclose its asset data. The Sovereign Wealth Centre estimates the wealth fund had around $545 billion of assets as of March 2021.
07/06/2022
Singlife with Aviva Launches A Better Odyssey
Emerging businesses can look forward to exclusive offers such as free credits, preferential pricing for products and services and further networking opportunities.