Managers of Wealth Asia Pacific

Morphic Asset Management opens for business

Morphic Asset Management has been established by two former Hunter Hall global equity portfolio managers, Jack Lowenstein and Chad Slater, who will be joint chief investment officers.

Hong Kong fund buys Jordan Dubai Capital

Dubai International Capital (DIC) the private equity arm of Dubai Holding, founded Jordan Dubai Capital in 2005.

London Stock Exchange Buys Stake in Delhi Stock Exchange

The Delhi Stock Exchange has been valued at more than 1 billion rupees ($18 million), the report said, without elaborating.

Can Korea Successfully Cultivate a Home-Grown Hedge Fund Industry?

Korean officials are also aiming to further enhance the breadth and depth of domestic capital markets — and nurture a few world-class investment banks and asset managers.

Henderson to close India fund in August

The asset manager sent a letter to unitholders on June 29 informing of the closure and liquidation of the Luxembourg-domiciled sicav.

Morningstar boosts focus on Asian ETF markets

According to a statement, the ETF research reports outline the best uses of the investment vehicle in an investor’s portfolio, depending on an investor’s income needs, focus of the portfolio, and investment outlook.

South Africa poised to launch debut Islamic bond

Thuto Shomang and Monale Ratsoma of the South African Treasury's government borrowing department told Reuters that South Africa was leaning towards a dollar-denominated, five-year sukuk, using an ijara structure.

Building a brave Asian future - a profile of Hong Kong

A market trading ‘can-do’ mentality has been driving the economy to new heights, but it is very dependent on the property market and prices remain high despite recent efforts from the government to cool the market.

JPMorgan Rises To Challenge HSBC As Asia’s Top Bond Arranger

JPMorgan Chase & Co., the largest underwriter of corporate bonds worldwide, jumped eight spots to number two in Asia as Li Ka-shing’s Hutchison Whampoa Ltd. picked the bank to manage its return to the market.

Top Asia manager bullish on Chinese property outlook

In an interview with Citywire Global, the Singapore-based manager said property companies are trading on attractive discounts of 40-60%.

The Greater China Fund elects two Claa III directors, terminates investment manager

The proposal received the favorable vote of a majority of the Fund's outstanding shares and therefore was approved.

Singapore fund in Brisbane office buy

CIMB-TCA bought the 18-storey refurbished building for its Australian Office Fund No 1 for $56m.

Goldman to Expand REIT to 300 Billion Yen as Market Bottoms

Goldman Sachs Group Inc. plans to expand its new private real estate investment trust to as much as 300 billion yen to buy Japanese properties as the Wall Street bank foresees a turnaround in prices.

Gold imports could rise by 20 pc in 2nd half: Bullion Association

He further said the import volumes would be dependent on the price of gold in domestic market.

Manulife expands ASEAN reach with Cambodia office

Once a company that drew the lion's share of its profit from Canada and the United States, Toronto-based Manulife earned 34 percent of its core profit from its Asian division in 2011.

Asian hedge funds lose appetite for short selling

They have, it seems, lost their appetite. Analysts tracking the sector say that last year’s losses and current market volatility are presenting Asian hedge funds with a stark choice: shut down, cut fees or convert to long-only, reported Reuters.

Winemakers uncork booming Chinese market

Having overtaken the United Kingdom to be the fifth largest market in 2011, the country will become the largest wine consumer over the next 20 years if the growth rates remain unchanged, it said.

Singapore asset manager gears up for China liberalisation

Whilst companies have started to issue RMB-denominated bonds outside of China (known as Dim-Sum bonds), the RMB-denominated onshore and offshore fixed income market is considered by many investors as illiquid and with much currency risk.

Mercer acquires Sovereign

Sovereign's asset consulting clients for alternatives include Sunsuper, Vision Super, Westpac Staff Super and Perpetual, with funds under advice estimated at around $5bn, noting that Sovereign advises on alternatives and not the whole fund, according

AMP to acquire Cavendish

AMP Limited is to acquire Australia's largest SMSF administrator Cavendish Group as part of plans to establish an SMSF dedicated business unit under Paul Sainsbury.

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