Singapore’s biggest insurer has sparked questions by replacing its experienced investment chief, Yoon Mun Thim, in another senior shakeup in the industry.
Old Mutual Asset Management has hired Miranda Poon in a newly created role as head of institutional sales for Asia, based in Hong Kong.
Foreign investors are concerned less with Standard & Poor's downgrade of China's sovereign rating than a set of other factors, which are influencing their engagement with its debt market.
RBC adds pair to Asian WM team; Manulife AM poaches from UBS for wealth role; Bank of Singapore names China equity strategist; Contineo poaches sales head from SEB; StanChart PB hires Greater China MD; WTW names Li to expanded role; CBA names WM COO.
Canada's largest pension fund may consider Belt and Road projects, says head of international Alain Carrier. But India is its main focus in terms of Asian infrastructure.
Commonwealth Bank's plan to dispose of Colonial First State is part of an industry consolidation that means any buyer would almost certainly come from outside Australia.