Managers of Wealth Asia Pacific

China grants fresh QDII quota

Five institutions have received new quotas in the first two weeks of December.

Korea’s GEPS seeks bids for trading brokerage services for foreign assets

GEPS, a quasi-government body that provides pension services for civil servants, manages around $10 billion of total assets for 1.25 million members.

Vietnam asset manager Dragon Capital expands into Bangladesh

"We are delighted to take our skills, experience, and resources, derived from close to 30 years in Vietnam, and contribute these to our new partnership with the Green Delta Insurance Group and Equinox Dhaka in Bangladesh,"

The People's Bank of China will issue Renminbi Bills through the Central Moneymarkets Unit of the Hong Kong Monetary Authority

Please also find attached the tender-related information provided by the Issuing and Lodging Agent through the HKMA.

China to allow 100% foreign ownership of insurance asset managers

Angelina Ng, executive director for securities services at Capco, a US technology management consulting firm, says the move was widely expected given that Beijing has been opening up the onshore financial markets to international players.

PIMCO to launch fixed income LIT

“We see opportunities for income generation across global markets, but careful security selection and a flexible investment approach are key. PIMCO’s experience in managing listed investment structures and our deep presence in both public and

PM Capital fails to secure PAF trust

PM Capital came under scrutiny in the week prior to the vote after the Australian Government Takeover Panel found there had been “unacceptable circumstances” regarding purchases of shares in PAF by PM Capital and Moore Group (the associated en

Labuan IBFC contributes RM4.6b to coffer

Labuan IBFC also plays an intermediation role to facilitate trade, investments and financial capital flows into Malaysia.

China Asset Management’s A-shares ETF debuts in Hong Kong

China Asset Management (Hong Kong) had $8.5 billion of assets under management as of June 2021

Philippine finance department working on sovereign wealth fund bill, report says

GSIS, which manages the pensions of civil servants, had 1.44 trillion pesos (US$28.57 billion) of assets as of end-2020, and the SSS, which is for private sector employees, had 602 billion pesos of assets.

Hong Kong mutual funds attract strong flows

Both the AUM and net inflows in the territory recorded a double-digit increase, according to the Securities and Futures Commission (SFC).

Korea Exchange seeks bids for 90 billion won mandate

Korea Exchange’s last tender was in December 2020, when it sought two managers for a 150 billion won mandate for multi-asset and absolute return strategies. Like most Korean institutions, the bourse rarely announces tender results publicly.

ESG funds boosting active management

“I think it also reflects huge growing demand from consumers who want their investments to align with their values.”

First Sentier and Netwealth partner on Aussie equity fund

“We believe this disciplined and structured process is able to deliver outperformance through the full investment cycle.”

Robeco launches new sustainable index fund

"The fund addresses the pitfalls of passive investing, actively integrates ESG criteria, and is a sustainable solution for investors looking for stable outperformance after costs, with a low tracking error."

China’s NSSF invests 4 billion RMB in CICC venture capital fund

“Through the CICC Genesis Fund, NSSF will act as a parent fund to finance over 100 quality venture capital funds across the nation, covering over 2,500 companies,”

Captive Insurance to be a Primary Focus in Labuan IBFC’s 5-Year Strategic Roadmap

Increasingly, we are seeing a rise in captive’s popularity globally driven not just by the pandemic but also insurance market challenges as well as natural catastrophes.

Korea Post hires two foreign firms for private equity mandate, Mirae as hedge fund adviser

Korea Post had 134 trillion won ($112.9 billion) of assets under management as of December 2020.

CBA Completes sale of 55% interest in Colonial First State to KKR

CBA today announced the sale of a 55 per cent interest in Colonial First State (CFS) to KKR has completed.

Perpetual joins ETF ranks with ethical fund

“We’d be looking to launch [more] in the next calendar year.”

Alternative Investments