Revelations of malpractice by the Australian investment and pensions firm will reverberate across Asia, where it has a big base of clients and partners. The group is tipped to be split up.
AsianInvestor asks Musheer Ahmed, interim general manager of the FinTech Association of Hong Kong, for his assessment of the cyber risk facing asset owners.
The likes of China's CIC, New Zealand Super and Australia's Future Fund see cyber risks as a key threat. Some of their peers, however, are wary of discussing the problem.
More needs to be done to channel investment into Indonesian infrastructure, and regulators are looking to update fund industry rules to that end, says the local head of Manulife AM.
Increased activity in impact investing among institutions is resulting in more product being introduced. But that, industry observers say, could confuse target investors.
The former chief of Hong Kong's Hospital Authority Provident Fund Scheme is heading up a new venture supported by some of the biggest pension players