

DGB Financial debut asset management arm in Singapore
DGB Financial Group, a South Korean financial services conglomerate, announced the inauguration of Hi Asset Management Asia (HiAMA) in...
Mar 14, 2024


Asset manager Matthews International shuts Shanghai office
Asset management firm Matthews International Capital Management LLC is shuttering its Shanghai office, joining firms like Vanguard Group...
Mar 11, 2024


Malaysia’s EPF announces record dividend payout for 2023
Malaysia’s Employees Provident Fund (EPF) has declared a record dividend payout of MYR57.8bn (USD12.2m) for 2023, with a 5.5% rate for...
Mar 4, 2024


Private credit in Asia-Pacific forecast to surge in 2024
Private credit firms, including Apollo Global Management and Blackstone, foresee a growth exceeding 10% in Asia-Pacific lending for 2024,...
Feb 29, 2024


Maybank leads finance delegation to explore Vietnam investment
A delegation from 14 international financial institutions, led by Maybank Investment Banking Group (MIBG), the largest financial and...
Feb 28, 2024


Asia dominates HSBC wealth growth with over half of new assets
HSBC's Wealth and Personal Banking (WPB) unit attracted USD84bn in net new assets in 2023, with USD47bn coming from Asia, emphasising the...
Feb 22, 2024


HKIFA advocates dollar-cost averaging for MPF members
The Hong Kong Investment Funds Association (HKIFA) recommends Mandatory Provident Fund (MPF) members adopt dollar-cost...
Feb 21, 2024


Foreign investment in China hits 4-year low
Foreign investment in China dropped to its lowest in nearly four years this November, reflecting the impact of geopolitical tensions and...
Feb 20, 2024


Philippines' SSS investment revenue surges, exceeds target by 50%
The Philippines' Social Security System (SSS) reported an impressive investment revenue of PHP53.1bn (USD950m) last year, surpassing its...
Feb 20, 2024


China’s asset management sector booms with over 21,000 private managers
The Asset Management Association of China reported a total of 21,625 private fund managers in China by the end of 2023, indicating...
Feb 15, 2024


Thailand to launch asset management firm to tackle household debt
Thailand plans to establish an asset management firm in Q1 this year to address its USD452bn household debt crisis, Prime Minister...
Feb 12, 2024


Sustainable finance takes centre stage at Hong Kong climate forum
The International Finance Corporation and the Hong Kong Monetary Authority are set to co-host the first climate business forum during...
Feb 9, 2024


Manulife IM, Indonesia’s wealth fund teams up for real estate deals
Manulife Investment Management has partnered with the Indonesia Investment Authority (INA) to focus on infrastructure and real estate...
Feb 8, 2024


Vietnam’s real estate sector shows signs of recovery amid challenges
Vietnamese real estate companies have shown resilience amid a sluggish market, with notable firms reporting significant profits. No Va...
Feb 5, 2024


Vietnamese banks’ profits soar from securities
Vietnamese commercial banks experienced a dramatic increase in profits from securities investment and trading in Q4 2023, driven by a...
Feb 2, 2024


Vietnam’s corporate bond market faces stagnation
Vietnam’s corporate bond market is expected to remain sluggish through the first quarter of 2024, marked by a lack of new issuances and a...
Jan 31, 2024


Singapore’s investment landscape shows resilience
Singapore’s Economic Development Board (EDB) announced a SGD12.7bn investment in 2023, surpassing its medium-to-long term targets but...
Jan 31, 2024


HK MPF members urged to weigh investment value over fees, returns
MPF Authority Chairwoman Ayesha Macpherson Lau urges Mandatory Provident Fund scheme members to focus on the investment value of funds,...
Jan 31, 2024


HK and China expand cross-border wealth management scheme
Regulators in Hong Kong and mainland China have announced significant enhancements to the cross-border Wealth Management Connect (WMC)...
Jan 29, 2024


Japan’s Orix shifts to asset management, eyes USD1bn PE launch
Japanese finance group Orix is set to diversify its operations by launching a private equity fund in 2024, targeting USD1bn to USD2bn in...
Jan 23, 2024

