Weekly Digest: Vanguard Super hits A$1bn AUM; HK to expand tax breaks for single family offices
Vanguard Super gathers A$1 billion in funds under management; Hong Kong to woo single family offices with more tax breaks; Australia's REST's mandate with Ninety One; China's state funds poured $57 billion into local equity markets this year; and more.
TOP NEWS OF THE WEEK
Vanguard Super has amassed A$1 billion ($652 million) in funds under management in just over a year of existence.
The indexer's superannuation arm has crossed into the billions, hitting the milestone in recent weeks. It comes about 14 months on from the fund's October 2022 launch.
Source: Financial Standard
Hong Kong plans to further expand its profits tax exemption regimes for single family offices, related funds, and carried interest, including reviewi…
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