

HSBC leads global dividends, Asia-Pacific growth lags
HSBC Holdings emerged as the world’s largest dividend payer in the second quarter, distributing USD11.7bn, driven by a USD4bn special...
Sep 13, 2024


Thailand’s KBank, partners with BAM on new asset management venture
Kasikornbank (KBank) has partnered with Bangkok Commercial Asset Management (BAM) to form a joint venture asset management company...
Sep 13, 2024


Shanghai police probe HywinWealth Management over illegal fundraising
Shanghai police have launched a criminal investigation into Hywin Wealth Management for alleged involvement in illegal fundraising,...
Sep 12, 2024


Majority of Hongkongers Embrace AI for Wealth Management
According to a survey by business consultancy Capco, most affluent Hongkongers are embracing artificial intelligence (AI) for wealth...
Sep 11, 2024


ETFGI summit to highlight ETF trends in Asia Pacific
The 5th Annual ETFGI Global ETFs Insights Summit - Asia Pacific was held on September 11, 2024, at Centricity - Concentric in Hong Kong,...
Sep 9, 2024


Macquarie Asset Management, PSP Investments sell majority stake in AirTrunk
Macquarie Asset Management (MAM) and The Public Sector Pension Investment Board (PSP Investments) have sold their combined 88% interest...
Sep 5, 2024


Philippines expands financial inclusion with new Islamic banking unit
The Philippines has enhanced its financial inclusion landscape with the addition of a second Islamic banking unit (IBU), operated by...
Sep 5, 2024


DBS to triple assets under management in Thailand in two years
DBS Singapore is set to expand its wealth management division in Thailand, aiming to triple its assets under management (AUM) to THB300bn...
Sep 5, 2024


Wealthy in China turn to stocks as collateral amid liquidity crunch
Amid liquidity challenges, affluent individuals in Hong Kong and mainland China are increasingly utilising private lending services,...
Sep 4, 2024


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

