The UK life insurer is reorganising its Asian investment team, say sources; it has brought in local CIOs for Singapore and Hong Kong and aims to do the same in Malaysia.
Ray Jovanovich, Asia CIO at Amundi in Hong Kong, is retiring and moving back to his native United States to pursue personal projects.
Ayaz Ebrahim, currently CIO at HSBC...
The military pension fund promotes its head of securities investments to one of its two CIO roles, as Lee Sang-ho departs. The move comes two years after a structural shake-up.
The country's biggest insurer saw its return on investment fall last year, and president Lin Dairen sees alternative assets as key to boosting performance.
The city's newly proposed investment vehicle aims to go beyond what many had expected, says a senior lawyer, and the industry is cautiously optimistic.
Two of Japan's huge life insurers plan to heavily boost their local and foreign corporate bond allocations. This will increase the risk and reduce the duration of their portfolios, says Moody's.