Managers of Wealth Asia Pacific

Korea’s POBA seeks bids for US$400 million multi-asset mandate

POBA, a pension and welfare fund for around 250,000 local government civil servants, had 16.4 trillion won ($14.7 billion) of assets as of December 2020.

Malaysia’s ETF industry assets down 10.76% in first half

The number of daily cases in Malaysia breached 20,000 early this month.

Franklin Templeton, in foray into Indonesia, teams up with PT Bahana on shariah fund

“Our collaboration with Bahana TCW to launch a new mutual fund for Indonesian investors will feature our best-in-class US growth strategy with positive ESG attributes,”

Actuaries Institute releases retirement policy review

"Superannuation benefits are intended to be used for retirement living rather than secure mortgages,"

360 Capital winds up listed equities business

Alongside exiting the listed equities business, 360 Capital has started a formal sales process for its digital infrastructure holdings, where it has co-investment and management rights.

Xspring or XPG unfolds a business development plan “Transformation & Leap Forward” aims to become a comprehensive financial service provider

By aiming to be a leader in the financial business in Thailand with 3 strengths

SEEK Invests in JobKorea, Korea's Largest Recruitment Platform, as part of a Strategic Path to be the Best Digital Career Platform in Asia

Through this investment, we look forward to helping JobKorea with our market-leading insights into big data

Advisers urged to highlight intangible advice benefits

This was especially important as advice moved from an asset-based fee to one that was focused on value.

Bragg renews calls for Future Fund to manage super

"Under the proposed model, individuals will enter chosen superannuation funds by opting out of their SGA [Super Gaurantee Australia] membership,"

Apex Group appointed by Bee Alternatives, a newly independent Asia-focused Secondary Fund

This appointment comes amid the rapid growth of the secondary market in Asia Pacific region, including Japan.

Ruffer shutters Hong Kong office as it closes Pacific fund

The £361m fund is closing as manager and Hong Kong office head is set to retire.

Manulife Eyes Mainland China Wealth

Hong Kong is the premier destination for mainlanders seeking health and retirement insurance solutions

Thornburg Investment appoints Concord as Taiwan master agent

“I am pleased to partner with Thornburg to further our commitment to providing Taiwanese investors with a wide spectrum of offshore funds that meet their individual investment objectives,”

Singapore-listed ETF assets top S$10 billion

The other four are iShares Barclays USD Asia High Yield Bond Index ETF, Lion-OCBC Securities Hang Seng TECH ETF, NikkoAM-StraitsTrading Asia ex Japan REIT ETF and Lion-OCBC China Leaders ETF.

Moelis Australia reports record results

We are pleased with the broad-based growth across the business during the half

Insurance through super

You can choose to opt out of insurance cover or change your cover, although you may need to go through medical checks if increasing your cover.

Magellan profits fall but AUM passes $100b

Average FUM rose 9% to pass $100 billion, increasing from $95.5 million to $103.7 billion.

Saxo lowers minimum commission fees

“Saxo Markets Australia’s trading client base increased by 56% in 2020 and our new client base increased by 114%,”

APRA publishes additional FAQs on the Superannuation Data Transformation Phase 1 reporting standards

APRA has also made updates to FAQ 605.0b on ad-hoc reporting requirements for products and options and FAQ 1.05 on the definition of trustee-directed products.

Ex Goldman Partner launches Japan activist fund

Taro Hirano President/Chief Portfolio Manager has over 20 years of investment experience including 16 years as a value investor at AllianceBernstein Japan.

Alternative Investments