The Singaporean fund house has created a co-head structure for its multi-asset team and made three new appointments in an investment reshuffle.
Singaporean bank DBS has promoted Tan Su Shan to group head of consumer banking and wealth management.
Tan has been head of wealth management...
Developments in financial technology solutions for asset managers promise to create new, detailed investing solutions, as well as changing the manner in which funds are distributed.
The $21 billion fund thinks local-currency emerging market bonds can overcome US rate hike pressures and wants its overseas allocation cap to be lifted to 40% from 30%.
Political risks continue to fuel Asian aversion to eurozone bonds, especially on the periphery, but some interest is returning. These investors should be wary of possible ECB tapering.
The state fund is seeking four managers to run its first segregated mandates for private debt as it further expands its large alternatives portfolio, said CIO Jang Dong-hun.