News

Dechert advises on $150 million Fortune acquisition

AcquisitionThe $150 million (€130 million) acquisition of Fortune media brand by Fortune Group Holdings was advised by global law firm Dechert LLP. It was purchased from Meredith Corporation Limited. The sale is expected to go through in 2018 subject to regulatory approvals and customary purchase price adjustments. Fortune Group Holdings Limited is owned entirely by Chatchaval Jiaravanon. Jiaravanon is looking to ramp up investments in Fortune’s digital capabilities and is aiming to expand the brand to provide premium business content. The Dechert team working on behalf of Chatchaval Jiaravanon was led by Hong Kong-based corporate partner David Cho and national partner Yang Wang and involved cross-border efforts in the US and Germany. Cho said: “The acquisition exemplifies the current appetite for outbound investment in the media industry from Asian investors.” ©2018 funds global asia

Industry comments

Investing in tomorrow’s world

investmentAt times like these, HSBC Asset Management easily pivots towards emerging markets.

The spotlight on growth markets and the need to be nimble and dynamic is ever-sharper, given the difficulty in predicting monetary policy in the world’s major nations.

Sponsored feature: Navigating the complexities of FX execution and currency risk

A comprehensive, cost-effective, and transparent currency overlay hedging solution is crucial to mitigate FX exposure risks in the complex landscapes of Japan and China's FX markets, explains Hans Jacob Feder, PhD, global head of FX services at MUFG Investor Services.

Opinion

Transitioning to an era of scarcity

The world is transitioning from an era of commodity abundance to one of undersupply. Ben Ross and Tyler Rosenlicht of Cohen & Steers believe this shift may result in significant returns for commodities and resource producers over the next decade.

Asia credit: An outsized winner in the region’s energy transition?

Ross Dilkes, fixed income portfolio manager at Wellington Management, examines the opportunities and risks for bond investors presented by the region’s decarbonisation agenda.

A quiet revolution in Japan’s corporate governance

revolution, Japan, corporate governance, Shareholders, corporate, governance, standards, improvement, Tetsuro Takase, SuMi TrustShareholders in Japan no longer accept below-par corporate governance standards. Changes are taking place, but there are still areas for improvement, says Tetsuro Takase at SuMi Trust.

Why rising demand for healthcare is creating investment opportunities in China

rising demand, healthcare, investment, opportunities, China, Robert St Clair, Investment Strategy, Fullerton Fund ManagementRobert St Clair, head of investment strategy at Fullerton Fund Management, explores the reasons investors should be paying attention to the rising demand for healthcare in China.

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