Managers of Wealth Asia Pacific

BEA Union eyes more MRF funds

When approved, the firm will have four products distributed under the MRF scheme.

Global opportunities drive S-Reits growth in 2020

The sector has evolved over the last 18 years since the listing of CapitaLand Mall Trust in 2002 where it was predominantly a domestic Reit market.

Singaporean influencer platform launches in the Middle East

Faisal Al-Ghazzawi, a 30-year-old Saudi fashion influencer with almost 1 million followers, said working with an agency helps influencers link up with the right brands.

Asia markets start new year with a pop on economic recovery hopes

With uncertainty over Brexit and a new US stimulus gone, sights are now on the economic recovery from the calamity that was 2020

Convoy’s board swells to 16 directors as boardroom manoeuvres continue in shareholders’ jostle for control

Convoy Global Holdings appointed three directors to its board on January 1, adding to the two who were named in November

Challenged MLC Life gets $650 million capital injection

Reflecting the level of challenge facing many of Australia’s major life insurers, MLC Life required a capital injection of $650 million from its major stakeholders just ahead of the Christmas shutdown last year.

Credit Bureau Asia launches Myanmar's first credit bureau

The bureau does not collect data on borrowers' net worth, assets or bank deposits, nor does it make lending decisions for, or on behalf of, financial institutions.

China expands list of sectors for attracting foreign investment

Total number of areas rising to 1,235 compared with 1,108 in the previous list

China Green Lights Daiwa-Backed Joint Venture

«Once the joint venture is established, we can do China business in China,»

Korea’s NPS hires Russell Investments for US$1 billion global real estate mandate

The NPS has been increasing real estate investments in recent years as part of its plan to raise allocation to alternatives from 11.4% of total assets in 2019 to 15% by 2023 in order to diversify risk.

Hong Kong’s CLSA buys majority stake in Japan’s Rise Consulting

The deal marks Sunrise Capital’s fourth investment this year, which includes the acquisition of Japanese fitness club operator Worldplus Inc. in August.

Majority of FDI businesses in Vietnam report 2019 losses

Businesses from China and Hong Kong, among the top 10 foreign investors, have recorded low return on equity, while those from Australia, Brunei, Indonesia and Turkey reported losses.

How better financial infrastructure can drive bond market development in Hong Kong and the region

Despite the government’s promotion of inflation-linked bonds (iBonds), green bonds, silver bonds and Islamic bonds in recent years

China to leapfrog US as world's biggest economy by 2028 - think tank

China looked set for average economic growth of 5.7% a year from 2021-25 before slowing to 4.5% a year from 2026-30

Malaysia’s EPF investment income jumps, sees danger from rising Covid-19 cases

Income for the first nine months of the year almost doubled to 44.61 billion ringgit from 23.33 billion ringgit in the same period of 2019.

Australia’s Stockland in US$400 million logistics tie-up with J.P. Morgan Asset

The portfolio will be seeded initially with two properties in Melbourne which Stockland is buying from unnamed sellers for $110 million.

Australia’s Stockland in US$400 million logistics tie-up with J.P. Morgan Asset

The joint venture will then acquire $300 million worth of assets from Stockland’s existing logistics portfolio and third parties by late next year.

Alibaba antitrust fears worsen China tech giants selloff

Alibaba has shed more than US$230 billion from its peak, battered by the deepening scrutiny and allegations of monopolistic practices at the crown jewel of billionaire Mr Ma's empire.

GLP launches 4.5 billion yuan China real estate fund

Fund will invest in logistics assets in GLP Park Lingang in Shanghai

Challenger to enter term deposit market via ADI acquisition

The announcement said Challenger would initially focus on expanding MLMF’s term deposit offering by replicating the investment strategy used to support Challenger’s term annuity business.

Alternative Investments