The Korean central bank has chosen a group of transition management providers as asset owners push for greater transparency on transition costs.
Another regional transition management boss moves on amid what some say is a quiet market for changes to portfolios.
Singapore-based Richard Surrency has left the bank after three years amid tough markets for TM business and major staff moves in Australia.
In the medium to long term, institutions are expected to rebalance portfolios after Japan's natural disaster, but transition managers don't predict big shifts out of the market.
Investors are allocating equities to ex-US developed markets while reducing risk in fixed income, says Ross McLellan at State Street Global Markets.
Firms offering transition management could be affected by forthcoming rules that reduce their ability to warehouse risk.
Tom Wyse joins the Swiss firm in Sydney from Deutsche Bank to focus on sovereign wealth funds and institutional pension clients.
Transition managers can look forward to continued growth in demand for advisory services this year, says State Street’s Justin Balogh.
Sandie O’Connor of JP Morgan is positive on the prospects for collateral management, securities lending and transition management, despite a third-quarter drop in revenue for ...
John Moore moves to Tokyo as the new head of Russell Investments’ Asian transition management business.
Trading algorithms meets transition management as sovereign wealth funds, state-linked investment agencies and pension plans seek to move beyond crisis emergency measures and ...
The Bank of New York Mellon says institutional investors are on the verge of an unprecedented level of asset manager replacements.
Morgan Stanley appoints Richard Surrency to lead the bank’s new transition management team based in Asia.
The firm becomes the first bank to centre the service in Asia ex-Japan.
Michael Putica joins the firm in Sydney.
New data from State Street shows the massive liquidity in the region’s transition management business.
Alex Johnstone, managing director, head of EMEA and Asia-Pacific, BNY Global Transition Management, explains the global trends and its Asia business.