Managers of Wealth Asia Pacific

Taiwan’s first Vietnam ETF gets US$358 million inflow in first month

Vietnam is one the few economies that did not decline last year in spite of the coronavirus crisis.

Singapore’s GIC nears deal for stake in healthcare business of Malaysia’s Sunway, report says

GIC has been an active investor in the healthcare sector in recent years, including in China and the Philippines.

AXA to sell its insurance operations in Malaysia

The transaction is subject to closing conditions, including the receipt of regulatory approvals, and is expected to close by 2Q 2022.

Pinebridge launches Asia HY bond fund

The total return product will integrate ESG factors in the investment process.

CBA announces sale of general insurance business

CBA sells CommInsure General Insurance to the Hollard Group and establishes an exclusive 15-year strategic alliance.

UBS WM picks Invesco to run real estate mandate

The new structure will invest in Invesco’s direct real estate strategies, selected co-investments or direct real estate.

Asia Pacific private capital assets to surge to US$6 trillion by 2025, Preqin says

“Private capital is playing an increasingly important role in asset allocations across Asia Pacific, as demand to access this fast growing and diverse region remains robust,”

Perennial launches third private to public fund

“This is helping to expand the opportunity set for investors in our Funds.”

Is the value trade already over?

This presented an opportunity for investors to consider bonds, particularly short duration bonds.

IOOF completes phase one of platform consolidation

Overall, Evolve now has more than 200,000 client accounts and $20 billion FUA.

Super leaders recognised

Angela Emslie was recognised for her significant service to the finance and superannuation sectors, and to suicide prevention.

Malaysia’s EPF first-quarter investment income soars nearly 60%

The EPF’s investment assets fell 1.63% to 981.71 billion ringgit in the first quarter from 998 billion ringgit in the last three months of 2020. The fund did not give a reason for the decline.

Monash exits troubled LIC structure

“Within two years after listing, we felt it reflected badly on us as portfolio managers,”

BlackRock rejigs Aussie shares fund

About a quarter of the strategy's assets are invested in consumer discretionary stocks including pureplay e-commerce player Redbubble.

Singapore life insurers to cut 'unrealistic' projected policy yields

The upper illustration rate will be capped at 4.25%pa and the lower illustration rate will be capped at 3.00% pa respectively.

A-REITs surpass unlisted property in March quarter

Performance of the Australia’s listed property sector average, unlisted property sector average and S&P ASX 200 index over the 12 months to 31 March 2021

Taiwan’s BLF funds rebound in January-April

The “BLF will keep an eye on [the] global market trend to prudently adjust domestic and overseas allocation for its funds”, she says in the statement.

Hong Kong bourse scraps fees for bond and money market ETFs

“We believe the fee waivers are introduced at an opportune time as there has been a strong increase in investor demand for China fixed income products in recent years,”

Hong Kong’s MPFA confident eMPF will launch on schedule

The eMPF platform is aimed at standardising, streamlining and automating administration of the MPF, Hong Kong’s largest public retirement scheme, for its 4.5 million-plus members.

Russell wins mandates worth $285m

The new mandates indicate that leading employers are increasingly seeking solutions which increase member engagement and personalise the typically commoditised superannuation experience, she said.

Alternative Investments