

Eastbound Equity expands to Singapore, plans USD50m investment
Eastbound Equity, a fund placement agency specialising in bridging Western and Eastern capital markets, has expanded its operations to...
Sep 3, 2024


Hong Kong’s CSC Holdings buys stake in Philippine’s CS Bank for USD13m
Hong Kong-listed CSC Holdings, chaired by former Hang Seng Bank CEO Raymond Or Ching-fai, has announced its acquisition of a 26.8% stake...
Sep 3, 2024


Nomura targets USD35bn in global wealth assets, expands team
Nomura Holdings Inc. is ramping up its global wealth management operations, targeting an expansion of its wealth assets outside Japan to...
Sep 2, 2024


OPIM partners with LIFE Asset Management to launch Korea-focused fund
OP Investment Management (OPIM), a premier fund platform in Asia, is collaborating with LIFE Asset Management to introduce the LIFE Korea...
Sep 2, 2024


Hong Kong MPFA urges pension funds to cut fees
The Mandatory Provident Fund Schemes Authority (MPFA) in Hong Kong has urged trustees to consider lowering fees across their pension fund...
Sep 2, 2024


Australian investment funds to explore opportunities in the Philippines
Fourteen Australian investment funds and corporations will visit the Philippines next month for a business mission, the Australian...
Aug 30, 2024


Market turbulence leads Millennium to close Asia trading pods
Millennium Management has closed two index-rebalancing pods in Asia, according to a source familiar with the matter. The pods were led by...
Aug 28, 2024


Singapore’s SeaTown AM closes USD1.3bn Private Credit Credit Fund II
SeaTown Holdings International, a subsidiary of Singapore’s Temasek’s asset management group Seviora Holdings, announced the final close...
Aug 28, 2024


South Korea’s institutional investors avoid direct bitcoin plays
Despite the global rise in institutional investment in cryptocurrency, driven by the approval of bitcoin spot exchange-traded funds...
Aug 23, 2024


Vietnam investment funds shift focus amid ongoing ETF outflows
Investment funds are increasingly targeting sectors with resilience or counter-cyclical potential, as capital outflows from Southeast...
Aug 23, 2024


China, Hong Kong expand Wealth Connect with 10 brokerages
China and Hong Kong will expand the Wealth Connect pilot scheme by adding 10 securities firms, including major brokerages like China...
Aug 22, 2024


Vietnam banks shift to corporate lending in 2024
In the first half of 2024, many banks in Vietnam shifted focus from retail to corporate lending to drive credit growth. Banks like...
Aug 21, 2024


Taiwan’s financial sector cuts China exposure by 8.9%
Taiwan’s financial services companies reduced their exposure to China by 8.9% year-on-year to NTD1.02tr (USD31.41bn) at the end of last...
Aug 16, 2024


Vietnam sees record securities account openings
July saw a significant surge in new individual securities accounts, tripling from the previous month and hitting a two-year high. The...
Aug 9, 2024


Singapore’s top banks boost earnings from wealthy clients
Singapore’s biggest banks are benefiting from the wealthy’s appetite to shift assets and trade in the Asian wealth hub, boosting...
Aug 8, 2024


JP Morgan merges Japanese equity trusts into GBP1bn Portfolio
JP Morgan Asset Management is merging two of its Japanese equity-focused trusts, JPMorgan Japanese and JPMorgan Japan Small Cap Growth &...
Aug 5, 2024


HK Exchange Fund income falls 11% in H1 2024
Hong Kong’s Exchange Fund reported HKD104bn (USD13.31bn) in investment income for the first half of the year, down 11% from 2023, the...
Aug 1, 2024


Singapore’s Temasek plans USD30bn US investment over five years
Singapore state investor Temasek plans to invest up to USD30bn in the US over the next five years, focusing on healthcare, financial...
Jul 31, 2024


Chinese firms eye Malaysia’s Penang for investment opportunities
Penang has seen a rise in inquiries from Chinese companies about investment opportunities, reflecting confidence in the region’s economic...
Jul 31, 2024


Cross-border property investments in APAC to rise by more than 33%
Knight Frank forecasts a significant rebound in cross-border real estate investments in Asia-Pacific for the second half of 2024. Their...
Jul 29, 2024







