Mutual Funds
StashAway raises $16 million USD in its Series C funding round led by Square Peg
SINGAPORE, July 27, 2020 /PRNewswire/ -- StashAway, Southeast Asia's largest and fastest-growing digital wealth manager for both retail and accredited investors, has completed a$16 million USD ($22.3 million SGD) Series C fundraising round. Square Peg, the largest venture capital fund inAustrali...
2020-07-27 11:14
5358
New Development Bank successfully places RMB 2 bln bond in China Interbank Bond Market
SHANGHAI, July 8, 2020 /PRNewswire/ -- On July 6, 2020, the New Development Bank (NDB) successfully placed aRMB 2 bln bond in the China Interbank Bond Market, with a maturity of 5 years and a coupon rate of 3%. By issuing the Bond, the Bank completed the quota of itsRMB 10 bln Bond Programme regi...
2020-07-08 19:45
2852
FountainCap wins the Asset Management Company of the Year Award for the third consecutive year
HONG KONG, July 2, 2020 /PRNewswire/ -- FountainCap Research & Investment (Hong Kong) Co., Ltd. ("FountainCap") has again won the award for Asset Management Company of the Year -- China Offshore Equity Highly Commended from The Asset magazine'sTriple A Sustainable Investing Awards. FountainCap ha...
2020-07-02 18:58
3211
More than half of fund managers in Hong Kong expect their AUM to increase 11-30% in the next five years, finds KPMG and HKIFA
HONG KONG, June 9, 2020 /PRNewswire/ -- Hong Kong's fund management industry sees a positive outlook over the next five years, with 53 percent of survey respondents expecting growth of 11% to 30% in total AUM of their own business by 2025, despite potential challenges, according to a joint report...
2020-06-09 17:06
2134
HKEX Welcomes First Listing of Commodity L&I Product in Hong Kong Market
* First commodity L&I Product listed in Hong Kong * Complements HKEX's existing gold ETFs and further enriches product diversity HONG KONG, June 5, 2020 /PRNewswire/ -- Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to welcome today (Friday) the first listing of a commodity Leverag...
2020-06-05 12:30
3827
Chelsfield Asia Successfully Completes Final Close of Chelsfield Asia Fund 1 at US$362.5 Million Plus a US$150 Million Co-investment Commitment
HONG KONG, May 29, 2020 /PRNewswire/ -- Chelsfield Asia Limited, the Asian subsidiary of Chelsfield Group, an international property company based in the UK, announced the final close of its first Pan-Asia value-add fund, Chelsfield Asia Fund 1 ("CAF 1" or the "Fund") atUS$362.5 million. In ad...
2020-05-29 09:53
5616
Premia Partners celebrated strong return for China New Economy ETF and waived manager's fee for US Treasury Floating Rate ETF
HONG KONG, May 18, 2020 /PRNewswire/ -- Premia Partners the Asia ETF provider today released the following to share about a good news and a bold move: Dear Clients and Friends, In a few months it will be our fourth anniversary at Premia. While still the young David braving the world among the Go...
2020-05-18 10:00
4725
AGBA Acquisition Limited Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination
NEW YORK, May 12, 2020 /PRNewswire/ -- AGBA Acquisition Limited (NASDAQ: AGBA, the "Company"), a special purpose acquisition company, announced today that AGBA Holding Limited, the Company's initial public offering sponsor ("Sponsor"), has deposited into the Company's trust account (the "Trust A...
2020-05-12 09:00
9448
Manulife Investment Management acquires 49 percent in Mahindra Asset Management Company
MUMBAI, India, April 29, 2020 /PRNewswire/ -- Mahindra & Mahindra Financial Services Limited (Mahindra Finance) has today, completed the proceedings for divestment of 49 percent stake in its wholly-owned subsidiary, Mahindra Asset Management Company Private Limited (Mahindra AMC), to Manulife*, a...
2020-04-29 23:16
2429
Singapore's Endowus Offers Global Stock Index Fund Exclusively to CPF Investors
SINGAPORE, April 22, 2020 /PRNewswire/ -- Endowus.com said today that Central Provident Fund (CPF) members will now have a new option to invest their CPF into a fund that is managed by one of the world's largest passive fund managers. The newly included fund - Infinity Global Stock Index Fund - i...
2020-04-22 11:15
2874
Clarification of Press Release "Doo Holding Group Expands Global Blueprint with New Bahamas Office"
HONG KONG, April 16, 2020 /PRNewswire/ -- Doo Holding Group is issuing this press release to clarify its disclosure on the corporation's establishment of theBahamas office for its sub-brand Doo Prime Bahamas. In the press release, Doo Holding stated that the corporation had submitted its applic...
2020-04-16 13:44
1446
Qiming's Nisa Leung and Duane Kuang Named on 2020 Forbes Midas List
SHANGHAI, April 14, 2020 /PRNewswire/ -- Forbes today released the 2020 Midas List, a ranking of the world's top 100 venture capitalists.Nisa Leung and Duane Kuang, Managing Partners of Qiming Venture Partners, ranked at No.33 and No.69 on the list respectively. Since 2001, Forbes announces its ...
2020-04-14 21:29
4165
Singapore's MAS Awards RF Fund Management Registered Fund Management Company Status
SINGAPORE, March 3, 2020 /PRNewswire/ -- Singapore's RF Fund Management, a subsidiary of RF International Holdings, has unveiled that the Monetary Authority ofSingapore (MAS) has approved its application for the commencement of business as a Registered Fund Management Company on3rd February 2020....
2020-03-03 09:30
7743
Ridgewood Infrastructure Hits Hard Cap on its Inaugural Fund
NEW YORK, Feb. 26, 2020 /PRNewswire/ -- Ridgewood Infrastructure, LLC today announced the final close ofRidgewood Water & Strategic Infrastructure Fund, LP (the "Fund") at its hard cap of$600 million. The Fund had initially targeted $500 million of capital commitments and was oversubscribed. R...
2020-02-26 22:03
2331
Paragon Capital Management Singapore's flagship fund posts a net return of over 30 percent in 2019
SINGAPORE, Feb. 20, 2020 /PRNewswire/ -- Singapore's boutique asset management firm Paragon Capital Management Singapore has achieved 30.96% in net returns last year [1]. The outstanding performance brought about by the company's segregated portfolio – Paragon Alpha I, puts the business firmly in...
2020-02-20 09:30
4079
Guotai Junan International's Asia High Income Bond Fund Won the Offshore China Fund Award
SHANGHAI, Jan. 15, 2020 /PRNewswire/ -- On 9 January 2020, Guotai Junan International's Asia High Income Bond Fund (AHIB) won the Best Fund Performance -- Private Fund - Greater China Fixed Income (3 Years) award at the 2019 Offshore China Fund Awards held by China Asset Management Association of...
2020-01-15 16:26
1571
iSTOX Secures Funding Of USD 5 Million From Korea's Hanwha Asset Management
SINGAPORE, Jan. 14, 2020 /PRNewswire/ -- Next-generation capital markets
platform iSTOX has secured aUSD 5 million investment from Hanwha Asset
Management,South Korea's leading comprehensive asset management company.
2020-01-14 09:00
3769
More than two-thirds of asset managers expect their digital investments to increase in the next 12 months, according to KPMG
HONG KONG, Jan. 7, 2020 /PRNewswire/ -- A significant majority (69%) of asset managers expect their spend on digital programs to increase 10 percent or more in the next 12 months, according to a KPMG survey of 72 top executives from the world's leading asset managers in over 20 countries. KPMG's...
2020-01-07 17:41
1958
KPMG Creates Wealth and Asset Management Centre of Excellence and Appoints Head in Hong Kong
HONG KONG, Dec. 13, 2019 /PRNewswire/ -- Neil Macdonald has been named KPMG China's Head of Wealth and Asset Management Centre of Excellence (CoE), a newly created role based inHong Kong, where he moved in July 2019. The Wealth and Asset Management Centre of Excellence (CoE) reflects KPMG's globa...
2019-12-13 11:36
3462
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