Managers of Wealth Asia Pacific

TMF Group bolsters presence in Latin America by acquiring funds business

The acquisition is a key milestone in TMF Group’s strategy to grow its global fund services business and bolster its capabilities in the Americas.

VGI Partners confirms merger talks

VGI has been criticised by investors David Kingston and Malcolm McComas, who questioned its discount and fee structure of the global investment strategy.

HSBC executes QFI trade on Beijing bourse for Korea’s Samsung Securities

The Chinese government opened the Beijing Stock Exchange on November 15 to help small and medium-sized enterprises to raise financing. China’s two other more established bourses are in Shanghai and Shenzhen.

NTUC Income to Enter Corporatization Exercise

The exercise aims to level the playing field and sharpen the firm's competitive edge, and to further strengthen its competitiveness for long-term growth the announcement said.

Magellan hopeful conservative approach pays off in 2022

“If that happens in 2022, I think people will say ‘thank god we’re with Magellan’ because half our portfolio is in super defensive assets. It’s the mirror image of us being conservative through 2021.”

Investors too cautious on China: BlackRock

As a result, many investors and asset managers either exited or reduced their weighting to China to avoid holding affected companies.

Macquarie Asset Management makes £80 million debt investment

Macquarie Asset Management’s investment features a minimum 30-year term and a bespoke drawdown and repayment profile tailored to the housing association’s investment needs.

IGM Financial unit to double stake in ChinaAMC for $901 mln

"We believe that an expanded investment in China Asset Management is strategically important to position IGM Financial for further growth,"

Acclime doubles presence in Malaysia

Acclime's expansion in Malaysia continues its active growth as the Asia specialist in providing compliance and corporate services throughout the region.

Maybank Asset Management partners T. Rowe Price

The fund will leverage T. Rowe Price’s dedicated China equity investment strategy, and focus on the under-explored 98 per cent of the opportunity set, to identify the future winners on the right side of China’s new phase of economic growth whi

ASX-listed manager invests in US private equity

“We believe the manner in which institutional private real estate investing is evolving bodes very well for Banner Oak’s approach of partnering with real estate operators.”

Firetrail launches global equity fund

Firetrail had $6.8 billion in funds under management.

China's quant funds become victims of their own success

The fund house, which manages roughly 100 billion yuan ($15.69 billion), blamed the crash on wild shifts in investor sentiment and crowded trades in a sector that is "growing too fast in size."

HSBC Gets Insurance Deal Nod in Sign of Easing China Relations

The latest approval comes three months after Huawei’s Chief Financial Officer Meng Wanzhou struck a deal that released her from a U.S. extradition request that had kept her under house arrest in Canada for two years.

HSBC wins regulatory nod to take over insurance business in China

HSBC will buy the remaining 50% stake in HSBC Life China from The National Trust Ltd

Nippon India Mutual Fund launches India’s first Auto ETF. Check details

The Nippon India Nifty Auto ETF, launched by Nippon Life India Asset Management Limited, is an open-ended scheme that tracks the Nifty Auto Index

Singapore, Shenzhen bourses ink cross-border ETF pact

There were 35 ETFs listed on SGX with combined assets of S$12 billion (US$8.86 billion) as of November 2021 while on the SZSE, there are now 212 ETFs with total market capitalisation of $39 billion.

KB, Morgan Stanley viewed as top beneficiaries from LGES IPO

As the LG Group battery affiliate was hoping to raise 12 trillion won through the scheduled IPO, local securities firms and global investment banks have been drooling over the prospects of taking the position of lead manager for the company's IPO, be

Ant Group to Shut World’s Largest Mutual Aid Platform

In its first full year of operations, each member paid 29.17 yuan on average for coverage and over the past three years, it provided aid to about 180,000 ill persons.

Chinese VC firm Eastern Bell raises $2 bln for latest yuan and dollar funds

China's venture capital and private equity firms set up 7358 new funds in the first eleven months of this year, raising a total of $645.8 billion.

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