GIC hires first CTO; BNP Paribas AM shuffles wholesale team, adds Australia sales head; Waterfield Advisors appoints first COO; Thirdrock adds five client advisers; Schroders replaces relationship director; Axa makes leadership changes; Taiwan FSC switches bureau heads; Insight Investment replaces distribution head.
China's Asia-to-Europe infrastructure initiative has seen little involvement by asset owners. Better inducements may be necessary, including stronger downside risk protection.
Robo advisers in the country can now conduct automated portfolio rebalancing, as interest grows among local and foreign firms in entering the business.
GAM names Japan sales head; BNP Paribas WM confirms Lee hire; UBS adds to global family office team in Hong Kong; Nikko AM bulks up global equities team with new hire; Willis Towers Watson adds to financial solutions team; Hai Tong AM hires saleswoman from BMO Global AM; General Atlantic hires special adviser on Indonesia; Taiwan Life appoints new co-investment head
Foreign investor interest in the world's third-biggest bond market is growing. But that interest is capped until China develops a reliable credit market and is included in benchmark indices.
In the first of a two-part article on foreign investor interest in onshore Chinese debt, we examine how currency worries remain a drag on the market.