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
Alternative Investments
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.
10/15/2021
Korea Teachers’ Pension opens tender for 80 billion won venture capital mandate
The pension fund’s previous tenders this year were for a 200 billion won domestic private equity mandate in July, and a domestic equity mandate of unspecified value in May. Like many Korean asset owners, the fund does not typically disclose tender r
10/15/2021
Hong Kong Fund Manager Expands Asia Footprint
The Singapore office will focus to attract and offer privileged access to investment opportunities for high-net-worth individuals and family businesses
10/14/2021
Netwealth FUA passes $50 billion
It was a 52.7% increase from the previous corresponding period, some $17.9 billion.
10/14/2021
FSC white paper sees FPA support
“The financial planning profession will now benefit from a stronger and unified representative voice on the issues most critical to them,”
10/14/2021
Record inflows for HUB24
Inflows had commenced to the IOOF private label which was launched last quarter.
10/14/2021
Deloitte acquires asset management advisory firm Bluefield
“All operators in heavy asset-exposed industries are looking at automation and improving yields on assets employed,”