Man Group sees no bubble in Asian memory stocks
There are fundamental reasons for the parabolic rally, according to Man Group’s Nick Wilcox.
Business moves
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Wrise adds trust service for Asia’s HNW families
It combines its wealth management platform with Quantum Trust’s licensed trustee capabilities.
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DBS plans to open 18 new wealth centres across Asia by 2027
The Singapore bank will also upgrade 36 of its existing wealth centres over the next 18 months.
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HSBC expands presence in Malaysia
The bank has opened a premier centre in Subang Jaya.
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Franklin Templeton and DigiFT forge tokenization alliance
Franklin Templeton’s Benji Technology Platform and related tokenization products are being made available through DigiFT’s MAS-licensed platform.
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Hillhouse to buy Mercer’s Asia private client services business
The deal focuses on partnership to drive the next phase of long-term growth.
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Sun Hung Kai & Co and Janus Henderson collaborate for alternatives
The two firms have agreed to partner on alternative products and distribution.
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Capital Group plans first office in the Middle East
Benno Klingenberg-Timm, head of institutional for Europe and Asia, will relocate to lead its Abu Dhabi office.
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Brown Advisory and RockCreek join forces
RockCreek is an investment firm specialising in multi-asset and outsourced chief investment officer services.
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State Street partners with SBI to expand index investing in Japan
The joint venture aims to develop next-generation wealth management services.
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Ascend Asia adds three more firms to financial advisory group
Infinity FA, SG Alliance, and PromiseLand will join as member firms.
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Nordea AM gains Pathfinder mandate
NAM will act as sub-investment manager for Pathfinder’s Responsible Investment fund and Global Water fund.
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DBS HK plans first flagship Treasures centre in Kowloon
The new Treasures Centre will complement the existing centre in Hong Kong island.
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Addepar opens office in Singapore
The AI platform is establishing Singapore as its Asia Pacific hub.
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Allspring GI buys fixed income team
Allspring Global Investment has agreed to buy the investment team of GIA Partners, LLC.
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L&G and Manulife WAM form global partnership
Implementation of the partnership is expected across a range of initiatives that will roll out over several years.
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KTAM forges partnership with Fidelity International
The collaboration aims to support Krungthai Asset Management’s provident fund clients.