Raiz Invest’s investor base in Malaysia and Indonesia is growing.

Raiz Invest’s investor base in Malaysia and Indonesia is growing.
Australian bonds offer investors relatively high yields from defensive credits, according to Aberdeen Standard.
Raiz Invest has inked a joint venture agreement with Malaysia’s PNB after setting up in Indonesia last year.
Some equities were trimmed from the JP Morgan mixed-asset fund because the average valuation reached the upper-end of the firm’s projection, said Julie Ho, co-manager of the firm’s Asia-Pacific Income Fund.
Franklin Templeton and Samsung AM to establish JV in Korea; Nippon Life to acquire 5% stake in Deutsche AM IPO; UBS AM launches RMB fixed income fund to professional investors in Hong Kong and Singapore; majority of funds in Australia underperform; MAS and Singapore Police to jointly investigate all financial advisory offences; MSCI launches 12 new China indexes; and more…
Two mutual funds in Thailand and one in Hong Kong were among the 10 best-selling newly-launched products in Asia-Pacific in 2017, according to a Broadridge Financial report.
Japan and Australia have announced regulatory initiatives aimed to bring them closer to full implementation of the Asia Region Funds Passport (ARFP) scheme in 2018.
Asset managers in Asia-Pacific have reached $6.9 trn of AUM in 2016, up 1.3% from the previous year, according to a study by Willis Towers Watson.
Natixis Global Asset Management will acquire a majority stake in Australia’s Investors Mutual Limited (IML), which will enable the firm to take advantage of the domestic retail market and the $1.78trn superannuation industry.
Value Partners names Yu Xiaobao as head of China business; UBP’s operating expenses increase due to Coutts Asia integration; Blackrock’s ETF assets breach $1.5trn mark; Cerulli expects global mutual fund assets to hit $100trn by 2020; Singapore’s fintech association rolls out a comprehensive fintech directory; BofAML sees global fund firms allocate more to Japanese equities; Australia launches its first stewardship code for fund firms; and more…
Part of the Mark Allen Group.