Managers of Wealth Asia Pacific

VGI Partners agrees merger with Regal Funds Management

VGI’s ticker and name was anticipated to change to reflect the combined business.

Centuria’s AUM hits $20.2 billion

“The upgraded earnings guidance has been driven to a large extent by continuing strong investment property markets producing significant valuation growth and leading to higher FY22 management and performance fees,”

New Zealand’s Smartshares first in world to get OK for Asia Region Fund Passport

New Zealand introduced regulations for the passport that same year, and Smartshares has been working with government agencies, including the New Zealand Financial Markets Authority, to complete the application process, NZX says.

China Weighs Breaking Up Evergrande to Contain Property Crisis

The government is looking at selling the bulk of the firm’s assets under a restructuring proposal.

Vietnam’s VinaCapital named investment adviser for Taiwan’s Jih Sun Vietnam fund

“In a new, developing market like Vietnam, it is important to have a trusted partner, and we are pleased to be working with VinaCapital,”

Japan’s Sumitomo Life buys A$120 million of Dutch bank BNG’s sustainability bonds

The Dutch Social Housing Association, which primarily provides affordable rentals to lower income people, will also draw down on the proceeds to improve sustainability of residential areas, Sumitomo Life says.

China’s sustainable fund assets hit record 339 billion RMB

Those inflows drove assets up 78.4% in the nine months through September from 190 billion RMB at the end of 2020.

China electric vehicle ETF launched in Singapore

batteries, sensors and semiconductors. “Electric vehicles and future mobility solutions will change our world and lives indelibly, help make our future more sustainable, making this a compelling investment for investors globally to consider,”

Investors shun active ETFs despite launch push

The rise in funds under management was helped by market appreciation, which contributed 45% of the total annual growth, and net inflows of $23.3 billion thanks to the number of Australian investors into ETFs rising by 33% during the year.

HDFC Asset Management's PAT falls 3% in Q3, revenue up 14%

The fund house increased its market share in debt funds to 14.6% in December 2021 compared to 13.8% last year.

Nikko AM to Launch 2 Australian Government Bond ETFs

Japan’s first Australian Government Bond ETFs* To be listed on the Tokyo Stock Exchange 17 February

ESR buys Singapore’s ARA Asset for US$5.2 billion

“With the successful completion of the transaction, ARA’s diversified business is combined with ESR’s platform under a unified ESR brand, uniquely positioning the group to capitalise on the largest secular trends in Asia Pacific,”

Bell adds emerging companies strategy to CFS FirstChoice

Bell Asset Management said the inclusion to the FirstChoice Investment menu reflected the growing demand it was seeing for this strategy from advisers seeking to diversify away from mega cap global equities.

ETFs grow 44% over 2021

Passive products represented most flows, making up 92%.

T. Rowe Price launches RIAA certified impact equity fund

It excluded industries and companies that the manager believed did not conform to the fund’s impact mandate, such as fossil fuels, tobacco, gambling/ casinos, and for-profit prison companies.

Amundi's China wealth JV garners $11 billion in 15 months since launch

Chinese banks dominate the distribution of proprietary and third-party wealth products in the country.

Sequoia Capital India makes Gulf debut with $33 million investment in Saudi fintech Lean Technologies

Sequoia’s funding for the Saudi fintech’s Series A round is joined by other international investors including New York-based Liberty City Ventures and former General Electric CEO Jeff Immelt.

American Century launches Global Small Cap Fund in Australia

“We believe our differentiated growth approach is well suited to global small cap investing. We also benefit from a well-resourced, experienced team,”

Munro climate change fund launches on ASX

“The investment strategy is designed to identify sustainable growth trends that are under-appreciated and mispriced by the market, and invest in the resulting winning stocks,”

Korea’s NH NongHyup Bank seeks bids for 180 billion won entrusted assets

NH NongHyup Bank, one of Korea’s largest agricultural banks, operates ten branches across eight countries, including the US, China and Vietnam.

Alternative Investments