Despite performing very well last year, Asian local-currency debt still has a lot to offer investors looking to diversify away from developed-market government bonds.
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The French fund house will cut poorly performing and overlapping funds and focus on products close to client preferences, as it aims to build Asia AUM, said the group deputy CIO.
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.
The $126 billion state pension fund will hand out the new overseas-focused mandate in mid-November, amid rising volatility in global markets.
The regional chief of the French fund manager explains why it made the latest move in a spate of M&A taking place among active asset managers across the globe.
The family office of Steven Cohen, the founder of now-defunct US hedge fund SAC Capital, is expanding aggressively. It is expected to seek external money next year.
The UK-based fund house has poached a UBS veteran for the newly created role.
AllianceBernstein, Allianz GI, Eastspring, Franklin Templeton, JP Morgan AM and Schroders again win programme awards in Taiwan. But there are concerns on potential polarisation.
The biggest Chinese private bank aims to greatly increase its Hong Kong relationship managers, but a senior executive admits achieving this goal will be very challenging.
The draft guidelines form part of the new C-Ross solvency system, to which insurers in China must adapt over the next three years. They include reviewing asset-liability management.
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.