APAC asset growth outpaces rest of the world

Published by Fund Selector Asia – 30th Oct 2018

Assets managed by the world’s largest 500 fund managers increased by 15.6% to $93.8trn globally in 2017, their fastest rate of growth since 2009, according to Willis Towers Watson.

Published by Money Management – 30th Oct 2018

Total assets under management of Australian fund managers grew to $1.3 trillion in 2017, representing a rise of 18.5 per cent.

Published by Asia Asset Management – 26th Oct 2018

Nikko Asset Management offers China-focused fund in Singapore

Published by Fund Selector Asia – 25th Oct 2018

The firm’s global balanced fund will be sub-advised by Toronto-based Mackenzie Investments. Separately, Tencent’s joint venture is also expected to launch its fixed income fund.

Published by Asia Asset Management – 25th Oct 2018

Ping An of China Asset Management (Hong Kong) (Ping An AM) has formed a strategic partnership with UK asset manager Merian Global Investors to expand its third-party asset management business.

Published by Morningstar – 24th Oct 2018

Under-pressure Australian financial-services heavyweight AMP Ltd. (AMP.AU) has moved to exit a number of operations in deals it expects will net at least 2.17 billion Australian dollars (US$1.53 billion) and release capital to bolster its balance sheet.

Published by Fund Selector – 23rd Oct 2018

In the next 12 months, research suggests that allocations to China equity funds will be up while US and European equity product exposure will decrease, according to data collected by FSA.

Published by Fund Selector Asia – 23rd Oct 2018

Eastspring, JP Morgan and Morgan Stanley face a six-month deadline to roll out their debut onshore products.

Published by Money Management – 23rd Oct 2018

Australian exchange-traded fund (ETF) provider BetaShares has launched its new Global Income Leaders ETF (INCM) which will offer Australian investors access to a portfolio of 100 global companies (ex-Australia).