TRENDS (Published Date :5/7/2014)

Sovereign Wealth Funds

By Daniel Shane
Category :Asia,Global
The Libyan Investment Authority (LIA), the North African sovereign wealth fund with about US$66 billion in AUM, plans to hire external firms to manage about $11 billion of its assets.

Pensions

By Maya Ando
Category :Asia,Japan
Japan’s Government Pension Investment Fund (GPIF), the world’s largest manager of retirement savings with US$1.26 trillion in AUM, has overhauled its investment committee amid a push by Prime Minister Shinzo Abe for it to cut its bond holdings and buy higher-yielding assets
By Hui Ching-hoo
Category :Asia,Taiwan
Taiwan’s Ministry of Labour is progressing with the consolidation of the island-state’s labour pensions through transferring responsibility for the entities to a newly-established body entitled the Bureau of Labour Funds (BLF)
By Maya Ando
Category :Asia,Japan
Japanese mega trust banks, including Sumitomo Mitsui Trust Bank, Mitsubishi UFJ Trust and Banking, Mizuho Trust and Banking, and Resona Bank, will allocate more investment to equities, while reducing government bond holdings, in order to generate higher returns for clients

Asian Financial Markets

By Hui Ching-hoo
Category :Asia,Taiwan
Taiwan’s Labor Pension Fund (LPF) defined benefit (DB) old scheme is poised to appoint four external asset managers to undertake its real estate investment trust (REIT) and listed infrastructure investments, making it one of the first, if not the first, amongst its Asian pension peers to dabble in listed real assets

Regulation

By Hui Ching-hoo
Category :Asia,Asia-Pacific
Designation of regulated funds like US mutual funds as “global systemically important financial institutions” (G-SIFIs) is neither necessary nor appropriate, ICI Investment Company Institute (ICI) says in a comment letter to the Financial Stability Board. The consequences of designating such funds “would be highly adverse to the designated fund, its investors, the overall fund marketplace and fund investing at large,” ICI says

Technology

By Daniel Shane
Category :Asia,China,U.S.A.
Online wealth management platforms, such as China’s popular Yu E Bao, could result in thin or even negative margins for the fund managers that use them, research by financial consultant Cerulli Associates warns

Market Presence

By Daniel Shane
Category :Asia,Hong Kong,United Kingdom,Asia-Pacific
British fund manager Jupiter Asset Management has launched an office in Hong Kong as part of a push to attract more investors from Asia Pacific

Real Assets

By David Macfarlane
Category :Asia,Global,U.S.A.
Investors are increasingly looking at infrastructure on a global, rather than regional, basis. That said, Asia Pacific represents a significant component of the global emerging market infrastructure opportunity set

Exchanges

By Hui Ching-hoo
Category :Asia,Taiwan
Taiwan Stock Exchange (TWSE) has signed a memorandum of understanding (MOU) with Shanghai Stock Exchange (SSE), which could pave the way for the launch of a “Greater China Index”, according to a report from Commercial Times.
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