Soros fund reduces stakes in Chinese internet giants

The fund, which now only invests for George Soros, his family and his foundation, announced on August 4 that chief investment officer Scott Bessent would exit at the end of this year to start his own hedge-fund firm.


Invesco Great Wall readies Shenzhen Connect fund

The joint-venture asset manager is preparing a mutual fund designed for trading on the upcoming Shenzhen-Hong Kong Stock Connect, despite market fears over delays to the scheme's launch.


JP Morgan replaces NAB at Telstra Super

Telstra Super has replaced NAB Asset Servicing with JP Morgan Investor Services as its master custodian following a review and tender process.


Sun Life eyes Asia­Pacific distribution expansion

The insurance and wealth group is looking at opportunities to grow its Asia distribution capabilities, with a particular focus on Singapore and Thailand. But the firm is concerned with achieving scale in new markets.


Ethical Australian mandate for Northern Trust

As a full-service provider for Australia and New Zealand, Northern Trust offers solutions such as investment accounting and tax, unit registry services, investment operations, outsourcing and custody.


Philanthropic fund on target

The dual mandate Future Generation Global Investment Company is on target to reach its initial investment amount with about half the funds raised.