The Japanese insurance giant also agrees to buy the remaining 20% of MLC Life from National Australia Bank for A$500m, with the plan to create a new entity called Acenda.
Asset managers share the view that despite a strong base for the US economy, Trump’s actual tariff and immigration policies after he assumes office will be key.
HPS is a global credit investment manager with approximately $148bn in client assets; BlackRock expects the private debt market to more than double to $4.5tn by 2030.
Bank Rakyat Indonesia’s efforts directed towards its home country’s large MSME sector is poised have a significant positive impact on the Indonesian economy
FinanceAsia caught up with HSBC’s Christina Ma to discuss how increasing investment connectivity between Asia and the Middle East is reshaping traditional capital markets and paving the way for the expanded use of private capital.