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1 day ago | 
citywire.com | James Phillipps
Former UBS Global Wealth Management family office veteran Thomas Ang has joined advisory firm Lansberg Gersick Advisors as a partner.
Ang (pictured) will lead LGA’s global family office practice and oversee its Asia advisory team, the company said in a statement. LGA provides a range of structuring and support services for family businesses and family offices, including around succession and philanthropy.
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2 days ago | 
citywire.com | James Phillipps
Institutional investors are continuing to increase their allocations to private markets, but at a slower pace, says State Street.
Concerns about the lack of exits in private equity, spotty distributions and higher interest rates have toned down the bullishness of around 500 investment managers surveyed by the $4.7tn fund house.
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3 days ago | 
citywire.com | James Phillipps
‘Crucial’, ‘essential’ and ‘key’ are among the terms private banking discretionary chiefs use to describe the role of exchange-traded funds in how they run client money.
ETFs have become an integral component of many firms’ discretionary portfolio management propositions, Citywire Asia’s Discretionary Power Players April 2025 study revealed.
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1 week ago | 
citywire.com | James Phillipps
Japanese insurer Dai-Ichi Life is to take a 15% stake in M&G as part of a wider partnership the British asset manager expects to drive $6bn of flows into its funds over the next five years.
The tie-up would see M&G become Dai-Ichi’s preferred asset management partner in Europe for both public and private markets, the companies said in a 30 May statement. Dai-Ichi said the arrangement could generate north of $2bn of new flows into its products over five years.
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1 week ago | 
citywire.com | James Phillipps
Hong Kong-based wealth and investment firm Chartwell Capital has launched its Asia Pacific Income fund into Singapore.
The company has tied up with Tembusu Partners, using the Singaporean investment boutique’s local regulatory permissions to structure the fund as a variable capital company (VCC). This will act as a feeder fund, investing into Chartwell’s Hong Kong-domiciled strategy.
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1 week ago | 
citywire.com | James Phillipps
External asset manager Paragon Capital Management has recruited former UBS executive as managing director and strategist.
Trevor Lau had a spell at the Swiss private bank heading its entrepreneur segment for Southeast Asia and also spent more than 14 years at Credit Suisse across two stints, leaving in 2023.
At Paragon, which runs S$1.2bn ($0.9bn) and has offices in Singapore and Hong Kong, he will work across investment management and business development.
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1 week ago | 
citywire.com | James Phillipps
Partners Group has launched a version of its evergreen royalties strategy, which aims for a 10% annual return, into the wealth market.
The strategy invests across a broad range of royalties deals, including pharmaceuticals, gas exploration, sports, entertainment and music.
It is based on an institutional semi-liquid vehicle launched in February, holding the same assets, but with a lower minimum, at $10,000, and a different liquidity profile.
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1 week ago | 
citywire.com | James Phillipps
Global asset managers are increasingly targeting Asia’s growing army of wealthy retail investors as they look to drive flows and diversify their client bases.
Private banks remain the gatekeepers to Hong Kong and Singapore’s ultra- and high net worth clients, but many investment houses are casting their nets wider to snare the wealth tiers below that.
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1 week ago | 
citywire.com | James Phillipps
Allianz Global Investors has become the latest asset manager to enter the fast-growing active exchange-traded fund market, choosing Taiwan for its debut launch.
The German investment house said it picked ‘booming’ Taiwan because it has an advanced ETF market and is a key plank in its Asia growth strategy.
Fund managers have been piling into active ETFs, looking to tap new investors and defend against outflows to passive strategies.
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1 week ago | 
citywire.com | James Phillipps
Quadria Capital has raised $1.07bn for its third healthcare private equity fund, despite what co-founder Abrar Mir branded ‘the most dire environment I’ve ever witnessed’.
The Singapore-based boutique topped its $800m target, with $954m in primary commitments and $114m in committed co-investment capital. The firm expects to have a further $300m co-investment capital, lifting the total amount raised to around $1.3bn, more than double the $600m fundraise for its second strategy in 2000.
