The investment consultancy's Asia-Pacific head of portfolio advisory is moving on after eight years in the role, as the firm narrows its focus in the region.
Insurers are increasingly concerned that the swelling tide of money flowing into asset classes such as private equity and property is eroding their illiquidity premium.
A sell-off in emerging markets at the end of last year has reversed – and long-term economic factors are driving the change, according to Matthew Arnold of State Street Global Advisors.
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.
Asia now accounts for half of all CFA certification candidates and has better female member representation. The CFA Institute also aims to open a Shanghai office, says its regional MD.
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.