The French fund house will cut poorly performing and overlapping funds and focus on products close to client preferences, as it aims to build Asia AUM, said the group deputy CIO.
The $14.1 billion Korea Teachers Credit Union has agreed to enter into what it terms a strategic relationship with Fidelity International and Goldman Sachs Asset Management GSAM.
China’s $900 billion sovereign wealth fund envisages doing more direct investing as part of a bold allocation shift. Li Keping, senior adviser and former CIO, spoke to AsianInvestor.
Institutional investor demand for ESG strategies in Asia is broadening the offerings for high net worth investors, but their demand is rising more slowly than in other regions, say experts.
Despite risks, HNWIs still interested in this asset class, mostly private-equity funds for onshore, and Reits for offshore, according to China Merchants Bank.
Temasek International shuffles leaders; SSGA appoints compliance head; Lombard Odier hires head of family services; Fullerton appoints CEO; Law firm names HK PE partners & more.