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 fixed income manager joins the growing list of fund houses to have closed their branches in Hong Kong, but it has kept some staff in the city.
Mirae Asset GI hires Asia sales head; MAS revokes licence; UBP hires heads of DPM, Greater China; CTBC PB product head exits; Amac sets up committees; HNA names CIO; China Life Group president moves to PICC; Allianz names corporate development head; Jupiter adds client, sales heads; First State announces high-yield team.
The asset manager has appointed a dedicated head of third-party distribution for Asia ex-Japan, with a focus on private bank coverage, AsianInvestor can reveal.
In the second of two articles on the impact of Europe's incoming Mifid II rules, which will affect how fund managers pay for research, bank teams are seen to be under threat.
Brandywine Global has hired Tariq Ahmad as Asia ex-Japan CEO. In his first interview in the role, he outlined the fund firm's plans to focus more on Southeast Asia and tier-two clients.
The German group has made an external hire to succeed Eugen Loeffler, who retired at the end of March.
Pimco names Asia chief in reshuffle; Citi PB promotes Bacon; GSAM shuffles EM leadership; Nordea Bank replaces Singapore head; EFG hires North Asia head; Vontobel AM adds multi-asset solutions head; Colliers shuffles Asia team; China Pacific Insurance chairman resigns.
Investors should re-assess their approach to constructing equity portfolios now or risk posting disappointing returns.
With mainland mutual fund managers set to launch their first funds of funds potentially as early as next month, industry participants point to challenges these products face.
In the first of a series based on our annual ranking of fund houses by Asia-Pacific assets, we unveil firms 76 to 100. Chinese companies dominate and are growing fast.