Nvidia signs MoU with Apollo, Blackstone, BlackRock and others for $500bn infrastructure financing
The world’s largest asset managers will raise $500bn in third-party capital to build “AI factories”.
Markets
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UOB Group reports higher profits
Wealth management income for 1H26 rose 16% from the previous year.
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AllianzGI agrees to buy UOB Asset Management
AllianzGI will also have long-term access to UOB’s retail client network.
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Nomura Islamic AM appoints new CEO
Mohammad Hasif bin Ahmad Murad is based in Malaysia.
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Lighthouse Canton launches wealth platform for NRIs
The platform serves both directions of the India capital corridor.
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Indosuez strengthens leadership team in Asia
Muriel Aboud Schirmann and Louis Shen take on senior roles in Singapore.
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Affluent HK and China investors adjust return expectations – DBS survey
Wealthy investors are also broadening their portfolios for long-term growth.
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ZQ Capital announces oversubscribed final close of flagship fund
The Hong Kong-based private equity firm has raised $300 million for its strategy.
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MSCI and SGX to launch derivatives indexes for developed and emerging markets
The agreement expands MSCI’s partnership with SGX to cover global and regional equity benchmarks.
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Baillie Gifford names new Singapore client head
Calvin Liew will lead the firm’s next phase of growth in Southeast Asia.
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Federated Hermes versus Man Group: Head-to-Head
This week FSA compares the Federated Hermes Asia ex-Japan Equity fund and the Man Asia (ex Japan) fund.
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Baillie Giffford launches native tokenized fund in Hong Kong
The Baillie Gifford Enhanced Yield fund invests in short-dated government and corporate bonds.
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Morningstar picks 4 Asia equity funds for AI exposure
Funds from Wellington Management, Allianz GI, Barings and iShares are highlighted by Morningstar.
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TRP: Emerging market equity set up is compelling
There is a disconnect between fundamentals and valuations in emerging market equities, according to T. Rowe Price’s Agnes Ng.
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HSBC Private Bank favours barbell approach to China equities
Hong Kong-listed tech stocks have a ‘free option’ amid low valuations, according to Patrick Ho, chief investment officer, North Asia at HSBC Private Bank and Premier Wealth.
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LGI partners with BIBDS to launch Islamic income and growth fund
The Lion-BIBDS Islamic Income & Growth Fund is a globally diversified, shariah-compliant multi-asset fund built for regular income and long-term capital appreciation.
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DBS and Samsung Securities forge wealth management partnership
DBS and Samsung Securities collaborate for wealth management.