Singapore’s biggest insurer has sparked questions by replacing its experienced investment chief, Yoon Mun Thim, in another senior shakeup in the industry.
Consultancy Towers Watson has chosen not replace its Malaysia head of investment services, Puah Ser-Sze, who has left the firm, AsianInvestor can confirm.
The Singapore-based asset manager will see another C-level executive step down from his position, amid its ongoing merger with NTUC Income.
Large institutions such as CPPIB, HSBC and Macquarie flag obstacles deterring private capital from investing in emerging market infrastructure.
Investors remain keen on emerging market assets despite the Fed's decision to begin unwinding its balance sheet, but it could be time for a change in approach, experts say.
Client on-boarding times are getting significantly longer to the growing frustration of private bank clients, a Hong Kong survey of wealth management firms shows.