Managers of Wealth Asia Pacific

What is the Comprehensive Agreement Act on Investment?

While Chinese investments into Europe have been steady in the past few years

Future Super, Verve accused of misleading members

Wilson also asked why Future Super has 12 people employed full-time to allocate investment mandates when 60% of funds under management are allocated to three BetaShares ETFs.

Japan's asset managers under pressure to improve workforce gender diversity

“There's some catching up to do,” says Stefanie Drews, senior corporate managing director at Tokyo-headquartered Nikko Asset Management, which manages assets of around USD250 billion.

Indian Red Carpet Welcome For Foreign Investors

One significant change relates to foreign funds located in countries like Mauritius or Singapore that are holding existing (grandfathered) investments qualifying for a capital gains tax exemption on equity shares under the respective tax treaties.

Aviva announces climate transition programme

The programme would run for between one and three years, depending on individual company circumstances, and incorporate clear escalation measures for non-responsive businesses or those that do not act quickly enough.

Growth in the face of the pandemic: how Asia’s fund market is going from strength to strength

The VCC structure attempts to offer the best of both worlds – the benefits of a limited partnership alongside the benefits of a corporate structure.

Credit market valuations imply improved fundamentals in 2021

Also, net inflows returned to the loan market in December after a year mostly dominated by outflows and the results of the Georgia Senate run-off brought the theme of reflation back into focus, which may provide a technical tailwind for the floating-rate

Singapore property firms face setback as workers stay at home

The move adds to headwinds for developers and Reits, amid questions over what the future holds for offices worldwide even after the pandemic.

Korea’s POBA hires KORAMCO for 300 billion won property mandate

The POBA mandate boosts blind pool funds managed by KORAMCO and its subsidiaries to more than 3 trillion won, according to Kim Chul-gyu, the asset management firm’s head of REITS & Trust.

Three listed units of China's HNA disclose embezzlements of nearly $13 billion

The move came after a local government-led working team concluded due diligence at HNA earlier in January, and laid out risk disposal plans, enabling it to move to the next stage of resolving a multi-year liquidity crisis.

RSE trustee board composition evolving

Directors that are employer representatives went from holding 32.7% of the total board seats to 30.5% in the period.

Allianz sets up China’s first 100% foreign-owned insurance asset manager

The Shanghai-based firm, China’s first 100% foreign-owned insurer, officially opened on January 16, with an initial capital of 1.2 billion RMB.

Singapore property investor to raise $600m for EU office fund

Mapletree seeds with UK, Polish and German assets targeting 12% return

Navigator acquires investments from Dyal Capital Partners

Under the terms of the shareholders’ agreement entered into by Navigator and the Dyal funds, Dyal would hold a majority of their share consideration and note consideration for at least five years post-closing.

HUB24 completes Paragem sale

McDonald was nominated to the Easton board for consideration as the first of two new non-executive directors to be nominated by HIB24 under the terms of the transaction implementation deed.

China's o/n repo highest since March 2015, busts PBOC corridor ceiling

The PBOC injected 98 billion yuan ($15.16 billion) on a net basis via open market operations earlier on Friday, snapping three straight days of net fund withdrawal.

Scale of China’s public offering funds hits record high

China’s asset management industry expanded at slower paces in recent years as authorities tightened regulations to contain risks arising from wealth management products.

Integrity Life updates product offering

Integrity Life head of retail product William Rogers said the changes are to provide clients with more value.

Asia pension systems need reform, Covid-19 worsens income inequality, report says

The report notes that Cambodia’s pension system covers just 3% of its working population. At the other end of the scale, Japan’s pension system covers 100% of the working population.

Korea’s CWMAA opens tender for 20 billion won private equity mandate

Applicants for the new mandate must have a minimum five-year track record in private equity investments with at least 50 billion won of strategies in the asset class.

Alternative Investments