News

China-led AIIB approves four memberships

The Asian Infrastructure Investment Bank (AIIB) has approved membership applications for Côte d’Ivoire, Guinea, Tunisia and Uruguay, bringing the total membership to 97. “The growth in membership from Africa and Latin America demonstrates the importance that these countries attach to improving infrastructure and connectivity with Asia,” said Danny Alexander, AIIB’s vice president. “It also reflects the commitment of our members to multilateral co-operation and high standards of governance. We look forward to the contribution that these four countries will make to the development of AIIB,” he added. The four countries will join the multilateral development bank upon completion of the domestic processes and deposit of the first capital instalment. Last month AIIB gave the green light for loans in Sri Lanka, totalling $280 million, and Laos, which will receive $40 million. ©2019 funds global asia

Executive Interviews

Interview: Asia’s sweet spots

Jul 05, 2019

As the US-China trade war ramps up with a hike in levies, Tai Hui, chief market strategist for Asia-Pacific at JP Morgan Asset Management, tells Romil Patel where he identifies investment value.

Interview: Money needs a place to go

Mar 11, 2019

Peng Fei, chief investment officer at Wanwei Asset Management, tells Romil Patel about allocating capital across risk factors when asset performance is uncertain and unpredictable.

Roundtables

ESG roundtable: Are the ESG stars aligning across Asia?

Jul 05, 2019

Our panel of experts discusses driving higher ESG asset allocation in Asia, growing calls to address the global climate crisis and the importance of governance. Chaired by Romil Patel in Hong Kong.

Singapore roundtable: A money magnet

Mar 11, 2019

Our panel discussed why the Singapore Variable Capital Company makes them bullish, what gives the onshore jurisdiction an offshore feel and “blood on the streets” from China’s slowdown. Chaired by Romil Patel in Singapore.