Southeast Asia Archives - Page 11 of 21

Manulife IM offers healthcare opportunities in the Philippines, Malaysia

Unlike other markets in Asia, investment strategies focusing on the sector have not become widespread yet in both countries.

Separately, the firm has raised at least $300m in its Series A funding round, led by Seoul-based Hanwha Asset Management.

It aims to be the leading asset manager in the country within the next five years.

Assets of the bank’s fund management businesses breached the Ps 1trn ($20.7bn) mark last year.

The fund was one of the best-selling technology products in Hong Kong and Singapore last year.

Digitalisation, premiumisation, experience, urbanisation and wellness are driving the Asia consumption story.

The firm has also launched the platform in other markets in Asia, including Hong Kong and the Philippines.

The Nikko AM Ark Disruptive Innovation Fund has returned nearly 100% this year.

While the market is not dominated by tech leaders, investors can find growth opportunities in underpenetrated sectors, such as the consumer space.

It expects to merge TMB AM Eastspring and Thanachart Eastspring by 2021.