Managers of Wealth Asia Pacific

China’s NSSF reports 15.84% investment return for 2020

“The fund optimised [its] fixed income portfolio, beefed up credit risk control for bank deposits, and racked up investments in equities and direct investments,” it says.

BlackRock buys stake in Australian electric vehicle charging firm

“This is a great demonstration of BlackRock’s commitment to accelerating climate innovation in Australia,”

IOOF posts $143.5m loss for FY21

Earlier in the year, IOOF company announced plans to shed about 140 self-employed advisers, as it tightened governance (termed Advice 2.0), while it remediated advice clients.

Record FUM growth at Australian Ethical

The company reported that $2.9 million in performance fees from the Australian Ethical Emerging Companies Fund.

Investment advisor Charles Schwab to launch branch in Shanghai

"We will work with local governments and financial institutions to support the sector's rapid development,"

UK pursuing data partnerships with U.S. and others

Partnerships with countries including the United States, Australia, South Korea and other fast-growing markets

Blackrock launches landmark China fund

The China Securities Regulatory Commission has approved the first-ever public mutual fund run by a foreign asset manager.

M&G buys 40% stake in Japanese logistics centre for US$91 million

“This deal follows our recent acquisition of ESR Ichikawa Distribution Centre and increases our Japanese logistics portfolio to four properties allowing us to generate stable returns for our investors,”

Centrepoint to acquire Clearview’s advice business

“The acquisition will enable the group to realise strategic value and synergies between the two businesses,”

Perennial’s third private to public fund fully subscribed

“Our systematic filtering process, coupled with a large and growing pipeline of private opportunities, provides a diversified investment exposure which is otherwise difficult to access,”

HUB24 NPAT up 20% in FY21

HUB24 said its acquisition of Xplore and Ord Minnett portfolio administration and reporting service delivered its FUA growth.

KKR set for US$64 million profit on Vinhomes share sale

Vietnamese developer recorded revenue of US$1.81 billion in first of year, up 82% year on year

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.

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