Franklin Templeton shuffles sales heads; Manulife AM's new Singapore equities head; Franklin Real Asset Advisors names new head of Asia; Former Value Partners MD joins Pins AM and more.
After three months as a fixed-income portfolio management consultant to Aviva Investors, Tim Jagger has joined the UK firm in Singapore on a permanent basis.
BNP Paribas Wealth Management has poached an executive from LGT Capital Partners, and other private banks are also looking to strengthen their direct investment teams in Asia.
The region is set to see more active ETFs and more product choice in 2018. ETF Connect could also be a game changer, but bitcoin ETFs are unlikely, say industry players.
Private equity funds aim to benefit from smaller companies' troubles amid new labour policies and an inter-generational wealth transfer. That could attract local asset owner support.
Institutional investors from Korea to New Zealand are exploring opportunities in private debt, which offers higher yields than its public equivalent.