Revelations of malpractice by the Australian investment and pensions firm will reverberate across Asia, where it has a big base of clients and partners. The group is tipped to be split up.
Shanghai-based Taiping Asset Management, which runs Taiping Life’s Rmb270 billion $39 billion investment portfolio, is keen on overseas property and aims to steadily raise its allocation.
Market volatility may boost hedge fund allocations among the country's institutional investors. A recent Korea Post Insurance mandate reflect rising demand for the asset class.
Challenges of big data and tech-empowered regulators require better processes, improved skill sets, and greater alignment, AsianInvestor’s 2nd Chief Operating Officer Forum heard.
The city's exchange operator will accept applications from pre-revenue biotech companies and issuers with dual-class shares from next Monday, despite lingering concerns.
Sustainable portfolios and impact investing are gaining ground with Asian investors, although the pace remains slower than in the rest of the world, wealth experts said.