Several senior staff are believed to have left the fund house following its merger with Pioneer Investments, including heads for Asia institutional and China, as well as a lead equities PM.
Neuberger Berman hires Asia PE chief
Fund house Neuberger Berman has hired Kent Chen as Asia-Pacific head of private equity. Chen started in the newly-created position...
Australia’s $158 billion sovereign wealth fund is a large investor in alternative assets. Chief executive David Neal outlines its approach to private markets in the current environment.
The $125 billion state fund is seeking managers for 15 mandates for its first overseas absolute-return equity portfolios, as it seeks to counter expected volatility in global markets.
Investors are concerned by the high valuations and increasing risk in equities, but are keeping their allocations due to a lack of alternatives and more upside potential, say experts.
Structural market changes and the onset of Mifid II are driving a move to online bond trading, even in Asia.