10/27/2021
Temasek launches $3.3b investment platform for firms eyeing global expansion
The platform will target deal sizes of between US$100 and US$200 million.
Alternative Investments
10/27/2021
Korea’s GEPS seeks bids for 300 billion won global equity mandate
GEPS, a quasi-government body that provides pension services for civil servants, manages around $10 billion of total assets for 1.25 million members currently.
10/27/2021
China's Ping An Insurance reports 31.2% decline in Q3 profit
Net profit fell to 23.6 billion yuan ($3.69 billion) in the three months to September 30 from 34.4 billion a year earlier
10/27/2021
Apex Group closes acquisition of Mainstream Group
Mainstream’s acquisition by the Group will enable clients to benefit from Apex’s global footprint; accessing new markets through the Group’s globally connected operating model and single-source client offering.
10/26/2021
Saxo Markets receives Hong Kong asset management licence
The online trading and investment firm has obtained a Type 9 licence from the Securities and Futures Commission (SFC).
10/26/2021
Korea Post opens tender for 110 billion won hedge fund mandate
Korea Post had around 134 trillion won of assets under management as of end-2020.
10/25/2021
Mutual funds in China surge to $3.75tn amid Evergrande crisis
Retail investors seek stability over volatile real estate and wealth products
10/25/2021
Capital Alliance enters Bangladesh merchant banking
BetaOne expects to roll out a full spectrum of Merchant Banking services over the coming months including mergers and acquisitions advisory, debt capital markets, equity capital markets, wealth management and margin lending.
10/25/2021
US alternatives manager Monroe sets sights on Asia
He says direct private credit specialists like Monroe traditionally excel at direct and small- and mid-cap strategies.
10/22/2021
Chubb Gold Fortune Deferred Annuity Plan offers stable inflation-proof retirement income
Chubb Gold Fortune offers further peace of mind with an additional 10% of the guaranteed monthly annuity income in the unfortunate event of the insured being diagnosed with total and permanent disability before the annuity period starts.
10/22/2021
Evergrande shares rise on report of bond interest payment
Both companies however, confirmed the deal was off after they were unable to agree on terms.
10/22/2021
Macquarie Asset Management to acquire Central Park Group
Central Park Group is a pioneer in providing financial advisors and their clients access to top alternative investment talent
10/22/2021
SGX Opens Offshore Office in India
The upcoming NSE IFSC-SGX Connect aims to bring together the trading of Nifty products in Gift City and create a larger pool of liquidity comprising international and home market participants.
10/21/2021
Japan’s Sumitomo Life appoints US unit to manage 2 trillion yen bond portfolio
Sumitomo Life’s latest annual report shows that as of March 2021, it allocated 9.52 trillion yen to foreign bonds denominated in foreign currency, representing 27.6% of its 34.5 trillion yen of total assets.
10/21/2021
CIMB clinches 2.45 billion ringgit sustainability-linked derivative deal
Transaction with Standard Chartered is Asia’s largest ESG derivative trade to date
10/21/2021
AMP Capital welcomes Cbus Property & UniSuper as new partners in the AMP Capital Retail Trust
Investment management
10/21/2021
The Japanese funds that showed a strong hand in Q3
“This was driven by strong initiative from the Japanese government whose policies are called ‘Abenomics’.
10/19/2021
TPT Wealth awarded ‘superior’ rating for two income funds
The two newly-rated income funds offered by TPT Wealth seek to provide capital stability and competitive monthly income returns via diversified investments across a range of fixed interest type assets.
10/18/2021
Hong Kong Exchange Fund posts Q3 investment loss of $1.70bln: HKMA
The Exchange Fund recorded investment income of HK$126.5 billion in January-September period this year
10/17/2021
Evergrande suffers setback as debt-stricken developer fails to sell its US$1.7 billion Hong Kong office tower to Yuexiu Property
The deal was expected to be completed by the end of September, sources close to the matter had previously told the Post.