Singapore’s biggest insurer has sparked questions by replacing its experienced investment chief, Yoon Mun Thim, in another senior shakeup in the industry.
Southeast Asian banks, particularly non-Singaporean firms, face a common hurdle how to lure rich clients who tend to use global players’ offshore private banking services.
RBC adds pair to Asian WM team; Manulife AM poaches from UBS for wealth role; Bank of Singapore names China equity strategist; Contineo poaches sales head from SEB; StanChart PB hires Greater China MD; WTW names Li to expanded role; CBA names WM COO.
Canada's largest pension fund may consider Belt and Road projects, says head of international Alain Carrier. But India is its main focus in terms of Asian infrastructure.
Commonwealth Bank's plan to dispose of Colonial First State is part of an industry consolidation that means any buyer would almost certainly come from outside Australia.
Dutch pension manager APG has joined up with E-Fund Management to offer an ESG A-share strategy. Others could follow as sustainable investing gains traction in China.