Lazard Asset Management has hired an Asia veteran to look after regional distribution. He comes from rival Capital Group, amid other changes at the latter firm.
The US firm’s investment management arm sees its co-head of Asia-Pacific and regional head of distribution move on.
The $118 public pension fund has ramped up its exposure to private markets as it prepares to open an office in Asia.
Gregoire Picquot has switched insurance firms, with Axa Asia CIO Boris Moutier understood to have assumed an expanded role.
Foreign asset managers are busy debuting onshore China products through their local units but hedge funds are in no rush to do so, thanks to high hurdles and low demand, say experts.
The $151 billion scheme's chief investment officer tells AsianInvestor about its potential expansion strategy for the region, where it has $22 billion allocated.