Shin Kong Life adds EM debt, sells foreign stocks

GAM names Japan sales head; BNP Paribas WM confirms Lee hire; UBS adds to global family office team in Hong Kong; Nikko AM bulks up global equities team with new hire; Willis Towers Watson adds to financial solutions team; Hai Tong AM hires saleswoman from BMO Global AM; General Atlantic hires special adviser on Indonesia; Taiwan Life appoints new co-investment head

The US asset manager has appointed a former Mercer executive to the newly created role.

The fund is joining the list of Asian asset owners looking to reduce their reliance on the Barclays Global Aggregate index. AsianInvestor spoke to HKHS's head of treasury.

GIC hires first CTO; BNP Paribas AM shuffles wholesale team, adds Australia sales head; Waterfield Advisors appoints first COO; Thirdrock adds five client advisers; Schroders replaces relationship director; Axa makes leadership changes; Taiwan FSC switches bureau heads; Insight Investment replaces distribution head.

The strong performance of emerging markets, especially China and India, has led to a pick-up in interest, say industry experts. But don't expect a fully fledged comeback just yet.