Managers of Wealth Asia Pacific

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.

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.

Alternative Investments