NPS shines for investing prowess amid restructuring

Four executives have left the Chinese fund house’s offshore unit in recent months to join other firms.

The country's flagship state retirement fund saw its assets swell 6.7% to $300 billion despite posting a return of just 1.73% in 2016. Chairman Lou Jiwei set out its investment plans.

The region’s top 300 institutional investors registered a 3% rise in assets under management during 2016, according to our 15th consecutive annual survey.

Columbia Threadneedle's Langlois to depart; UBS AM's Asia equity trading head to leave; MetLife replaces Asia CMO; Eastspring lures PM from Pimco; KKR poaches from Blackstone in Japan; BNPP WM hires Lemuel Lee; UBS WM replaces China offshore team head; Northern Trust adds Australia trio; Man names responsible investment head; Orrick adds partner.

Institutional investors from Hong Kong, Japan and Thailand say they do not plan to boost their mainland exposure, as another MSCI decision on A-shares looms.