Managers of Wealth Asia Pacific

Bermuda firm buys stake in Singapore wealth platform

Aura Group, Somers and ICM look forward to collaborating on investments and leveraging each other’s valuable expertise, insights and extensive networks globally.

Hong Kong starts Reit subsidy plan to make up for lost decade as rival markets flourish from Singapore to Japan

The government launched a HK$270 million (US$35 million) plan to encourage property owners to cobble their assets together under real estate investment trusts

«One Bank»: An Even Riskier Proposition in Asia

Overall, a diverse mix of business outcomes manifested from Greensill-linked activities including the issuance of a $160 million bridge loan, fund fees earned from 1,000 most ultra-wealthy clients and reportedly a private banking relationship with Lex Gre

James Murdoch launches SPAC

It hasn't selected any business combination target yet or initiated any substantive discussions on acquisitions.

Singapore-listed ETF assets jump nearly 70% year-on-year in April as bonds soar

Total ETF trade turnover on the SGX fell 38.44% month-on-month to S$317.48 million in April.

Philippine pension fund chiefs get big pay hikes amid coronavirus crisis

Although the report did not give reasons for the pay hike, it could be partly because Macasaet’s role was made permanent in March 2020, at the onset of the global coronavirus pandemic.

Savills IM continues its expansion in Asia-Pacific with the launch of the Income and Growth Fund

The fund targets sector diversity and will include offices, logistics/industrial, retail and residential.

Volt Bank partners with neo lender Australian Mortgage Marketplace

At present the average traditional home loan process can take up to 27 days to provide unconditional approval.

QSuper makes changes ahead of merger

There will also be a range of changes in insurance terms and conditions for members too.

AustralianSuper, Club Plus to merge

"We have been very impressed through this process with the steadfast member-first culture of AustralianSuper."

Media Super ups fees, premiums

A spokesperson for Media Super clarified that the fee changes are not a part of the merger process.

Bermuda’s Somers Ltd snaps up stake in fundie Aura Group

Somers’ biggest investment is a 62 per cent stake in Australia’s Resimac Group. Rob Homer

Indonesia pension fund assets down 0.3% in first quarter as stocks decline

The decline was largely due to the underperformance of foreign stocks, according to a fund manager from an Indonesian asset management firm.

How the federal budget super changes impact you

Super and retirement

Australia’s Jarden, Japan’s Nomura team up to bolster client services

“Jarden’s strength in [equity capital markets] and its relationships with leading Australasian companies will be complementary to our businesses, which has traditionally been strong in cross-border transactions and debt financing,”

Korea’s Teachers’ Pension opens tender for domestic equity mandate

Applications are open until May 13, with evaluation and manager selection scheduled to be carried out by mid-June.

Markets tumble in Asia as inflation fears haunt trading floors

Signs that this is having an effect were seen in data from China that showed prices paid at the country's factory gates rose last month at their fastest pace in four years.

Thailand pension fund GPF aims to become a leader in ESG

Last year, she said the GPF was mainly focused on helping companies to improve governance, and this year, it’s focusing on human rights.

Taiwan’s BLF funds continue recovery from Covid-19 hit

BLF Deputy Director General Liu Li-Ju notes that the global economy is recovering in the wake of the US government’s $1.9 trillion stimulus package, and improved Covid-19 vaccination rates.

Hong Kong’s CSOP lists Hang Seng Index ETF

There are several other ETFs that track the benchmark index, including the largest, the Tracker Fund of Hong Kong, managed by State Street Global Advisors Asia. These ETFs had combined assets of HK$143.2 billion (US$18.35 billion) as of March.

Alternative Investments