Temasek International shuffles leaders; SSGA appoints compliance head; Lombard Odier hires head of family services; Fullerton appoints CEO; Law firm names HK PE partners & more.
Buoyed by returns from listed and unlisted assets, Australian pension funds recovered from 2015 decline, though industry experts split on how they can sustain this momentum.
Credit Suisse promotes new two senior roles and RMs; Philip Tso leaves Willis Towers Watson; Eastspring Investments installs alts CIO; BlackRock adds trio in Australia; JLL hires Asia fund advisory chief; Vanguard adds to China team; UBP hires investment adviser for South Asia; Franklin Templeton appoints Australia MD; Cryptocurrency firm Monaco names senior VP; RHTLaw Taylor Wessing creates private wealth head role.
Institutional investors from the country enjoyed AUM gains due to a mixture of demonetisation and a lack of other investment avenues, says the CIO of SBI Life Insurance.
Deutsche AM hires new APAC head; Rockspring poaches regional chief from KIC; Northern Trust appoints Japan president; JP Morgan hires Singapore client advisor: Aprea elects new chairman; Hermes adds senior economist; Simmons & Simmons gains Beijing partner; BNY Mellon adds RM head for depositary receipts; Leonteq gains new CEO, board members.
Hong Kong property market is at high risk of being in a bubble, says an annual real estate report by UBS, but some investors think opportunities in the city still exist.