Principal GI names Asia head; DBS PB hires product strategy head; Amundi's Jenny Sofian exits; M&G Real Estate replaces Japan head; AMP Capital hires energy specialist; Northern Trust adds in HK; BNP Paribas names new China chief; BlackRock boosts Australia sales team; Credit Suisse makes Philippine switch; Charles Monat replaces HK CEO.
KKR has formally closed its Asian II Fund at $6 billion, the biggest pan-Asia PE fund to date, with one-quarter of the assets raised from within the region....
Leveraged and inverse exchange-traded funds contain an inherent inefficiency that can be exploited for profit by options traders, say industry experts.
Wealthy Asians are expected to retain and manage more money locally over time, and a growing number of global and local firms are eyeing the opportunities.
China's insurance regulator has issued additional guidelines around private equity investment by insurers, as they build exposure to the asset class, both as GPs and LPs.
The US-based asset manager has hired a Greater China equity portfolio manager and three other investment professionals.