Managers of Wealth Asia Pacific

Advisers replace active management with smart beta ETFs

Smart beta investment strategies track an index that differs from the traditional market capitalisation approach of selecting shares, bonds or other assets.

BlackRock's China unit raises $1 bln in maiden mutual fund

The BlackRock China New Horizon Mixed Securities Investment Fund, launched on Aug. 30, stopped taking new subscriptions on Sept. 3, a week earlier than planned.

Citco Opens Centre of Excellence Office in Hyderabad as Part of Regional Expansion

The new office is located in HITEC City, Hyderabad’s international technology hub, with Citco set to move into the new state of the art building in Salarpuria Sattva Knowledge City once construction completes in Q3 2022.

Hong Kong MPF assets up 26% as returns offset pullout by departing residents

Thousands of Hong Kong residents have been leaving the city in recent years due to steep property prices, among other things.

French investment firm eyes Singapore SPAC listing

A portfolio manager at a Singapore-based private capital firm tells Asia Asset Management that there is “a lot of excitement” about a SPAC listing.

EQT appointed as RE to Haven Wealth Partners

“Our goal was to create a fund which makes a genuine difference to society, by limiting global warming and investing in areas such as renewable energy, healthcare and technology – while avoiding areas that are harmful to society,”

Pictet AM bolsters China focus with first QDLP fund

Pictet Asset Management (Pictet AM) plans to deepen its footprint in China and offer a wider range of strategies via its first qualified domestic limited partnership (QDLP) product.

Asia pension funds allocate 8% to alternatives, highest in the world, Mercer says

The study also found that since 2013, Asia ex-Japan pension funds have raised exposure to foreign stocks from 38% to 48% of their equity portfolios, primarily driven by Taiwan and Malaysia.

Aussie ETF industry hits $200b

At the same time, another 31% said they would maintain their current investment in ETFs while less than 1% said they would reduce their investment

George Soros calls out BlackRock's 'China blunder'

Pouring billions of dollars into China now is a tragic mistake

Singapore bourse launches SPAC framework, halves minimum market cap requirement

Sponsors must subscribe for 2.5%-3.5% of a SPAC’s IPO shares or warrants, depending on the market cap.

China Announces Plans for Third Stock Exchange in Beijing

Mainland China currently has two major exchanges based in Shanghai and the southern city of Shenzhen.

Nuveen Real Estate raises a further $213.5 million for its Asia Pacific Cities strategy

The platform’s current allocation stands at 64% to logistics, 18% to residential and 18% to office assets across four vibrant Asian cities.

Sustainable bond issuance seen on track for record 2021, US$469 billion in first half

“The rise and rise of labelled issuance indicates that the market will have a big future in the fight against climate change,”

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.

Alternative Investments