11/05/2021
PM Capital forges ahead with LIC merger
PAF shareholders can vote on December 11.
Alternative Investments
11/04/2021
Willis Towers Watson buys out India joint venture partners
“As one of the world’s largest and fastest growing economies, with an expected 17% growth rate in the non-life insurance market over the next five years, we see rising demand and opportunities for cyber, health and benefits, crop and surety in
11/04/2021
Wealthwise acquires Complete Financial Solutions
Luxton said the group had no immediate plans to acquire additional businesses although it would consider deals on an opportunistic basis, particularly those that could provide greater exposure to the millennial market.
11/03/2021
AMP announces divestment of equity interest in Resolution Life Australasia
AMP will provide an update on its capital position at its Investor Day on 30 November 2021.
11/02/2021
Malaysia EPF’s early withdrawals amid Covid-19 leaves just 3% who can afford to retire
We basically lost ten years effectively in terms of building savings adequacy.
11/01/2021
Indonesia's sovereign wealth fund, DP World agree on $7.5 bln partnership
Indonesia's government launched its sovereign wealth fund in February, with an initial investment of $5 billion.
11/01/2021
Vistra completes acquisition of Leydin Freyer, doubles the size of operations in Australia
The acquisition doubles the size of Vistra’s operations in Australia
11/01/2021
CFA Institute launches ESG disclosure standards
“The release of the standards marks one step in the broader efforts to make that a reality -- and we believe an important one.”
10/31/2021
GDC seals partnership deal with Abu Dhabi group
The MoU established a vital partnership between the two parties to explore potential collaborations
10/29/2021
Blackstone to Acquire Nucleus Network
After five years of substantial growth, this new partnership with Blackstone is a perfect match for Nucleus Network.
10/29/2021
Nomura Reports Second Quarter Financial Results
For the six months to September
10/28/2021
Wellington Management enters Singapore retail market
The investment management firm launches four new investment funds in the Lion City.
10/28/2021
APRA urges greater focus on improving governance and strategic planning in super
Australians expect those they entrust with growing and protecting their retirement savings to deliver value from every business plan enacted, dollar spent and investment made.
10/27/2021
Temasek launches $3.3b investment platform for firms eyeing global expansion
The platform will target deal sizes of between US$100 and US$200 million.
10/27/2021
Korea’s GEPS seeks bids for 300 billion won global equity mandate
GEPS, a quasi-government body that provides pension services for civil servants, manages around $10 billion of total assets for 1.25 million members currently.
10/27/2021
China's Ping An Insurance reports 31.2% decline in Q3 profit
Net profit fell to 23.6 billion yuan ($3.69 billion) in the three months to September 30 from 34.4 billion a year earlier
10/27/2021
Apex Group closes acquisition of Mainstream Group
Mainstream’s acquisition by the Group will enable clients to benefit from Apex’s global footprint; accessing new markets through the Group’s globally connected operating model and single-source client offering.
10/26/2021
Saxo Markets receives Hong Kong asset management licence
The online trading and investment firm has obtained a Type 9 licence from the Securities and Futures Commission (SFC).
10/26/2021
Korea Post opens tender for 110 billion won hedge fund mandate
Korea Post had around 134 trillion won of assets under management as of end-2020.
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