Managers of Wealth Asia Pacific

ClearView announces strategic review

“This review will assess ClearView’s strategic options to unlock and enhance value for ClearView shareholders, including potential change of control transactions,”

Responsible funds still susceptible to market downturn: RIAA

Responsible funds are outperforming in the international share and multi-sector growth but less so in Australian equities, according to a report.

Singapore bourse adds futures unit of China’s Shanxi Securities to derivatives market

“With our multi-asset China franchise and customer network, we look forward to working with Shanxi Securities International to meet the investment and risk management needs of their clients,"

Corporate Services Firm RBA Acquires Shaft PH

SMEs while supporting the growth and operation of start-ups through its start-ups focused brand MyBusiness Asia.

SFC gives green light to two Pictet ESG funds

The Pictet Global Thematic Opportunities Fund and the Pictet Human Fund are the latest additions to the Securities and Futures Commission (SFC) green fund list.

Arch Capital Group Closes Acquisition

As part of the acquisition, WLMI will retain its existing risk in force and the newly combined entity under Arch will become Westpac’s exclusive provider of LMI on new mortgage originations for a period of 10 years.

NAB extends offering of ESG derivatives to Australian business

“Climate action is everyone’s job. We need to be part of the solution and support our customers as they take action too,”

Singapore’s Fullerton to unveil RMB fund in Europe, products in Thailand in “busy” 2021

“The lines between banks, insurance companies, wealth managers and technology companies will continue to blur, accelerating the development of financial technology companies that use technology to deliver wealth management services and an enjoyable

China's sovereign wealth fund posts double-digit return from 2020 overseas investment

CIC's total assets expanded to $1.2 trillion by the end of 2020.

Millennials are now the largest buyers of ETFs in Australia

More than $39 billion of that ended up in exchange-traded products (ETPs), with the space growing faster in Australia than anywhere else in the world.

Huarong Posts $15.9 Billion Loss as Leverage Hit 1,333 Times

After five months of turmoil since it delayed its earnings report in March, China’s biggest bad debt manager this month secured a rescue package from some of the nation’s biggest financial firms.

Standard Chartered launches digital blockchain trade finance platform in Singapore

A joint venture between the Asia-heavy bank and a Chinese supply chain tech player aims to make trade finance an alternative asset class with digital efficiency.

What’s next for ETFs?

Once used as tactical instruments in a portfolio, exchange traded funds have evolved low-cost ways to build a portfolio.

The steep share price rise of the last all-male board

The last ASX 200 company to appoint a female director has seen its share price rise 348% over the past year, as the Australian Institute of Company Directors praises the fact there are no longer any all-male boards.

Cbus changes insurance premiums

For all ages in the electech category, cost per unit of TPD cover is decreasing by as much as 33c, however only those aged 15-34 will see a reduction in death premiums.

Life insurer wins RAC mandate

RAC insurance general manager of product sales Damien Van Pelt said RAC is a purpose-led organisation that strives to to deliver great services and experiences.

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.

Alternative Investments