

Thai ESG funds set to boost year-end inflows
The Association of Investment Management Companies (AIMC) expects Thai ESG mutual funds to add between THB5bn (USD146m) and THB8bn in...
Dec 17, 2024


AllianzGI secures landmark stake in China pension market
Allianz Global Investors said it has received regulatory approval to acquire a 2% stake in Guomin Pension & Insurance Co, making it the...
Dec 13, 2024


Foreign investors fuel Vietnam’s non-life insurance M&A
The Vietnamese non-life insurance sector is drawing strong merger and acquisition interest as foreign and domestic investors target its...
Dec 13, 2024


Japan’s megabanks target US, India for overseas expansion
Japan’s megabanks—Mitsubishi UFJ (MUFG), Sumitomo Mitsui (SMFG), and Mizuho—are pursuing overseas investments, focusing on the US and...
Dec 12, 2024


DBS, top Japanese lenders possible bidders for Indonesia’s Panin Bank
Asian banks including DBS Group, Mitsubishi UFJ Financial Group (MUFG), and Sumitomo Mitsui Financial Group have submitted preliminary...
Dec 12, 2024


Billionaire wealth doubles to USD14tr over decade, led by tech
Billionaires’ combined wealth surged 121% over the past decade to USD14tr, according to UBS’s Billionaire Ambitions report. The number of...
Dec 11, 2024


Temasek launches private credit platform with USD7.5bn portfolio
Singapore state investor Temasek Holdings has established a private credit platform with an initial portfolio of SGD10bn (USD7.5bn),...
Dec 10, 2024


Robinhood targets APAC growth via Singapore
Robinhood Markets Inc plans to expand into Asia next year, using Singapore as its regional base, Chief Executive Vlad Tenev said at an...
Dec 9, 2024


China’s M&A turnover slumps says UBS
China’s mergers and acquisitions (M&A) turnover dropped 10% year-to-date to USD297bn, extending a three-year decline, UBS said. However,...
Dec 6, 2024


Singapore investors believe AI investments boost productivity
Singapore-based investors see technology as the leading driver of business change over regulation, geopolitics, or supply chain...
Dec 6, 2024


Daiwa Securities targets wealthy Japanese expats in SE Asia
Japan’s Daiwa Securities Group plans to expand its services to affluent Japanese expatriates in Southeast Asia by establishing an office...
Dec 5, 2024


Weave, KKR launch multi-family housing venture in Japan
KKR and Weave Living have launched ‘Weave Living Japan Residential Venture I’, a strategic partnership targeting over 3,000 residential...
Dec 2, 2024


Singapore is APAC’s top destination for investment, lifestyle
Knight Frank's Quality Life-ing: Mapping Prime Residential Hotspots report identifies the Asia-Pacific region as a premier destination...
Dec 2, 2024


Affinity Equity Partners completes USD1.65bn SE Asia deals
Affinity Equity Partners, a Hong Kong-based buyout firm, has completed two acquisitions in Southeast Asia worth a combined USD1.65bn,...
Nov 28, 2024


Asset managers urged to clarify sustainability goals, says AAMG report
Asset management firms should clearly define their sustainability objectives and reinforce governance structures to meet escalating...
Nov 28, 2024


Hong Kong wealth managers bullish despite global challenges
Hong Kong's private wealth management sector remains optimistic about its five-year outlook, driven by opportunities from mainland...
Nov 25, 2024


Barclays to establish private banking booking centre in Singapore
UK-based Barclays announced plans to set up a private banking booking centre in Singapore, aiming to make it operational by 2026. The...
Nov 25, 2024


Indonesia bourse proposes minimum IPO proceeds to boost liquidity
The Indonesia Stock Exchange (IDX) plans to introduce a minimum proceeds requirement for initial public offerings (IPOs) as part of...
Nov 25, 2024


Blackstone launches wealth manager certification with PWMA in HK
Blackstone, the world's largest alternative asset manager, has partnered with the Private Wealth Management Association (PWMA) to...
Nov 22, 2024


Asset management firm Apollo opens Seoul office, names Korea head
US-based asset management firm Apollo announced the opening of its Seoul office as part of its expansion in the Asia-Pacific region. The...
Nov 22, 2024