China debt crunch: Evergrande founder Hui Ka Yan jailed for life as assets are seized China debt crunch deepens as former Evergrande chairman Hui Ka Yan is sentenced to life …
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Business
Singapore expands elite visa to attract asset management and finance talent
by Sato Asahiby Sato AsahiSingapore elite visa to be expanded to lure top finance talent as asset-management race heats up Singapore will expand its elite visa program to attract senior asset managers and finance …
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Business
Kioxia leveraged ETFs: U.S. asset managers file for approval to launch
by Sato Asahiby Sato AsahiKioxia leveraged ETFs eyed by U.S. asset managers, could reach Japanese investors U.S. asset managers are seeking regulatory approval to launch Kioxia leveraged ETFs tied to the Japanese memory-chip maker, …
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Business
New York Life expands Tokyo team to capture Japan private asset market
by Sato Asahiby Sato AsahiNew York Life Investment Management expands Tokyo team to chase Japan private asset market growth New York Life Investment Management plans to double its Tokyo team to about 20 staff …
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Business
SpaceX exposure prompts Mitsubishi UFJ Asset Management to halt new investments
by Sato Asahiby Sato AsahiMitsubishi UFJ Asset Management pauses new investments in fund holding SpaceX ahead of IPO Mitsubishi UFJ Asset Management paused new subscriptions to a fund holding SpaceX and Anthropic after a …
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Business
Japanese asset managers raise vote thresholds, demand higher ROE, limit strategic holdings
by Sato Asahiby Sato AsahiReturn on equity becomes focal point as Japanese asset managers tighten voting standards Japanese asset managers and trust banks raise return on equity standards and press firms to cut strategic …
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Business
Indian asset managers shift to GIFT City seeking global equities
by Sato Asahiby Sato AsahiGIFT City Draws India’s Asset Managers Seeking Global Equities Amid Weak Domestic Returns India’s asset managers are relocating functions to GIFT City to tap a rising appetite for global equities, …