Several senior staff are believed to have left the fund house following its merger with Pioneer Investments, including heads for Asia institutional and China, as well as a lead equities PM.
Seoul-based Mirae Asset will become Korea’s biggest issuer of exchange-traded funds, and the fourth biggest in Asia-Pacific ex-Japan, following its purchase of 85% of Canada’s BetaPro Management...
The British asset manager has added to its real estate team in Singapore as it anticipates an eastward wave of capital from European institutions.
Assets are changing hands among state-owned entities to support the first pillar of the pension system in China, but the asset management business is unlikely to reap benefits from this.
Australia’s $158 billion sovereign wealth fund is a large investor in alternative assets. Chief executive David Neal outlines its approach to private markets in the current environment.
The $125 billion state fund is seeking managers for 15 mandates for its first overseas absolute-return equity portfolios, as it seeks to counter expected volatility in global markets.