Japan plans a sovereign wealth fund; Malaysia’s head of EPF shifts to Khazanah; Korea’s NPA signs stewardship code; Korea Post Insurance offers multi-asset tactical mandate; Philippines and Vietnam face need for more pension payments, and more.
Our new Asset Owner Insights report for Southeast Asia offers data and analysis on the leading institutional investors across the region.
The country is making progress on opening up for investment, but it's unlikely to win MSCI emerging-market status this year, says Kevin Snowball of PXP Vietnam Asset Management.
The Vietnamese asset manager expects to see trading of shares in the $850 million fund on the London Stock Exchange as early as July.
India and Vietnam look particularly good value, while Hong Kong is now the cheapest major stock market in the world after Russia, says William Ma of wealth manager Noah Holdings.
The country's labour and finance ministries are fighting over control of the introduction of corporate pension funds.
Vietnamese companies are slow to allow foreign investors greater share allocations, even as the country’s prospects brighten.
Rothschild hires new HK chief; HSBC GAM names sales, distribution heads; TPG recruits Mumbai MD; Standard Life hires investment directors; Capital Group elects new chairman; and BNP names Vietnam head.
Shenzhen connect awaits cabinet approval; Vietnam foreign ownership boost; Funds not too-big-to-fail; MPFA shelves adjustment proposal; Australia update on collective action
Today we reveal the best managers for hedged strategies and private markets, alongside fund house of the year across 14 markets. Tomorrow we announce marquee award winners.
Vietnam equities are on a tear, but US asset manager Invesco still has zero allocation to the market, despite bullishness among local players.
VPBank Securities intends to create Vietnam’s first onshore private banking service, which must overcome several hurdles if it is to succeed.
VietFund Management is marketing a domestic exchange-traded fund that will not be subject to foreign-ownership limits.
The Singapore-based asset manager opened an office in Ho Chi Minh City in March with a view to developing the strategy, which will go live next month.
Norway's $850 billion sovereign wealth fund is said to have handed out four Southeast Asian single-country equity portfolios worth some $1 billion in total in recent months.
Dennis Nguyen of New Asia Partners says more investors are seeking deals in Vietnam's nascent business sector as deal valuations appear overheated in nearby Indonesia.
Asia Frontier Capital starts accepting subscriptions for its first open-ended fund today, with COO Thomas Hugger arguing that Vietnam is cheap compared to other Asean markets.
The city ranks second only to New York by number of billionaires; it has three times as many as Singapore and almost half that of China, according to the Wealth-X and UBS Billionaire Census.
After years of discussion, Vietcombank Fund Management will soon become the first onshore firm to launch a balanced open-ended mutual fund.
The Ho Chi Minh City-based firm has launched what it says is Vietnam's first Ucits fund. It is mulling partnering with firms to offer third-party funds on its Ucits platform.