Announcing the regional nominees for “Best in Asset Servicing” awards as part of The Asset Triple A Sustainable Investing Awards for Institutional Investors, ETFs, and Asset Servicing Providers 2023.

In light of potential inflection points across interest rates, inflation and economic growth, family offices are planning the biggest shifts in their strategic asset allocation in years, a new report finds.

Investors are increasing allocations towards the private credit asset class, favouring the short-duration nature of the investments and the risk/reward trade-off. In the current macro environment, the benefits of private credit investments have come to the fore. Increasingly, traditional institutional investors are joined by ultra-high-net-worth individuals and family offices, which have also been attracted to this asset class. “We're at an inflection point because a lot of the focus in recent years has been on higher-return, higher-risk asset classes, such as private equity and venture capital. The returns these asset classes have delivered in the past are becoming increasingly difficult to repeat,” shares Scott McClurg, head of private credit, alternatives, at HSBC Asset Management (HSBC AM). “So, there's an increasing appetite for a more balanced risk-adjusted return. This is where private credit can play a part, allowing investors to benefit from the opportunity to access strong credit quality, delivering attractive returns.”

Staying invested and exposed to China can pay handsome dividends to an investment portfolio, especially over the long term

The Philippines moves a step closer to having its own sovereign investment fund after legislators approved a controversial bill on the proposal. The Senate on Wednesday (May 31) approved on third and final reading the proposed Maharlika Investment Fund (MIF) Act with several important revisions, including the proposed funds’ funding source, as well as some limitations when it comes to the appointment of the MIF’s board of directors.

China’s Gen Z, also known as the "post-95" group, has emerged as a generation with a strong wealth management awareness. While displaying a high aptitude for digital technology, using financial apps and online information with ease, they are also relatively conservative in their investment habits. They invest in money market funds, mutual funds, and wealth management products offered by banks.

BNY Mellon has appointed Winnie Chen as Singapore chief executive, effective immediately. She will be responsible for driving growth priorities in Singapore, while ensuring the firm’s governance and control structures are aligned with regulatory expectations.

Emerging Asia is expected to dominate global growth in the next three decades and beyond, according to a new report. By 2050, four of the world’s seven largest economies will be in Asia. China looks set to overtake the United States as the world’s largest economy by 2035 and India could take fourth place by the early 2030s, the abrdn Research Institute (aRI) says in its latest research.

Real estate remains a key institutional asset class, with global assets under management standing at US$4.1 trillion, a new survey finds. The average AUM per manager rose 10% to US$35.7 billion in 2022, from US$32.5 billion in the previous year.

While most people are tightening their belts to cope with the effects of inflation and sluggish economic growth, the ultra-rich in Singapore and the rest of Asia-Pacific continue to indulge in investments of passion. Purchases of luxury watches, jewellery, luxury handbags, and diamonds continue to beat investments in mainstream asset classes, according to the latest Knight Frank Luxury Investment Index (KFLII).

On his recent trip across Asia, American businessman Justin Muzinich, who served as deputy treasury secretary under former US President Donald Trump’s administration (2018-2021), spoke with The Asset on a number of issues, including the US banking system, geopolitical and trade tensions, and concerns over a possible economic decoupling.

J.P. Morgan Asset Management (JPMAM) has listed three more active exchange-traded funds on the Australian Securities Exchange (ASX).

ESG investors in China need to be more engaged with the companies they invest in because companies tend to use a lack of investor interest as an excuse for not actively pursuing their sustainability targets, according to a new study.

The Canada Pension Plan Investment Board (CPP Investments), one of the world’s largest private equity investors, reported net assets of C$570 billion (US$418.8 billion) for the fiscal year ending March 31 2023, compared with C$539 billion a year ago.