Prudential Asia names new CIO and CEO; China Universal's head of international business departs; Rajesh Manwani reportedly to join Julius Baer; Credit Suisse appoints adviser in Japan; Pictet adds North Asia banker; UBS hires exec for South Asia desk; Colliers shuffles China team; Myer Family Company hires NAB exec.
Big fixed income investors will see the newly approved China-Hong Kong bond trading link as inferior to other access channels, though smaller players should find it useful, say industry experts.
Achieving a 5% return is impossible from investing in traditional assets alone, says the CIO of Korea’s Public Officials Benefit Association. But alternative risk premiums – and fees – have collapsed.
Hedge fund fees are under sustained attack from investors angry about lower-than-expected returns, delegates heard at AsianInvestor's Asian Investment Summit.
Schroders hires Asia private bank sales head; OCBC buys NAB's wealth arm; CMA acquires Willis Towers Watson's wealth business; Amundi replaces HK COO; Credit Suisse PB's Asia product head to exit; Peter Ryan-Kane sets up firm; Transamerica Life adds commercial chief; Indosuez WM hires ex-ANZ banker; WTW adds insurance consultant
The sovereign wealth fund was among those taking part in the Asian Investment Summit, as panelists discussed screening for liquidity against different investment horizons.