Goldman Sachs appoints new Korea country head

CIC officially opens in New York; Value Partners hires strategic planning manager; SSG Capital appoints ex-Wellington exec; Vanguard faces scepticism over new WFOE; Lombard Odier names Asia chair, CEO; Deutsche WM hires greater China quartet; HSBC PB names SE Asia equity head; HK SFC names advisory committee; Heitman adds Australia marketing head; SimCorp replaces Asia head; Unigestion hires quant research head.

Our biggest award of the year went to JP Morgan Asset Management. It combined a robust ongoing business with definite strides in client engagement and product evolution.

The Korean pension fund has just allocated $320 million to seven private equity managers. CIO Jang Dong-Hun tells AsianInvestor why they were chosen.

The case for boosting equity allocations is weakening for some asset owners, which are scaling back generally on risk or re-weighting their portfolios, say consultants.