The firm’s former Greater China head moved on shortly before the arrival of Mark Speciale last month as Asia-Pacific head of institutional business.
Firms with less than $10 billion in Asia-Pacific AUM will need a strong discretionary business to run a profitable operation, say experts. Use of technology will also play a big part.
The Hong Kong-based insurer’s chief investment officer, Paul Carrett, says his industry is slow to benefit from new opportunities. He wants to be different.
Several external asset managers in Asia are said to be wooing prospective acquirers, including private banks. But would such moves benefit clients?
Columbia Threadneedle names new Singapore CEO; Janus Henderson relocates Asia COO; Chris Faddy joins Aura Group; Hamilton Lane opens Australia office; Credit Suisse names HK DPM head; CreditEase wins US advisory licence; Vanguard, BNY Mellon name new CEOs.
Wealthy Asians are expected to retain and manage more money locally over time, and a growing number of global and local firms are eyeing the opportunities.
Big sovereign investors in Asia are seen to be increasing the size and seniority of their overseas staff so they can seal deals quicker as Western funds take their own action.
Local investment boutiques will continue to prosper in Asia, alongside cross-border tie-ups, say executives from global fund houses, given the high cost of building onshore businesses.
Electronic platforms such as Credit Suisse’s new launch will need to cope with the sophisticated products that wealthy investors will want, say industry experts.
Principal GI names Asia head; DBS PB hires product strategy head; Amundi's Jenny Sofian exits; M&G Real Estate replaces Japan head; AMP Capital hires energy specialist; Northern Trust adds in HK; BNP Paribas names new China chief; BlackRock boosts Australia sales team; Credit Suisse makes Philippine switch; Charles Monat replaces HK CEO.
Mabel Chan left the fund house in June, just eight months after she joined. The departure comes on the back of a team restructuring, said a source familiar with the firm.
The $2.4 trillion funds giant said it would appoint replacements in the two pan-Asia roles.
Emerging-market equities will build on big recent gains, despite concerns over China, argue investment specialists at Pictet Asset Management and Societe Generale.
Bank of Singapore hires fixed income DPM head; BNY Mellon IM sets up China WFOE; Julius Baer names new India chief; HSBC PB hires strategist; Carret Private adds partner; RBC appoints Singapore asset servicing head; WTW names greater China life practice leader; Charles Russell Speechlys opens in HK; Orrick hires Scott Peterman; Withers hires greater China team; Indosuez WM adds banker.
At an event focusing on the changing investment environment for insurance firms in Asia, industry experts discussed accounting and technology developments.
Abu Dhabi Investment Authority is building its in-house teams and is focusing more on core PE manager relationships, but it sees potentially lower returns in the asset class.
After strong AUM growth last year, the Japanese fund house has created the role of global head of operations to better coordinate this function across its international businesses.
Investment consultant firms are seeking to advise asset owners over investments, putting them at risk of accusations of conflicts of interest with their traditional advisory roles.
The Bank for International Settlements' chief economist has characterised the situation in certain countries as a "financial boom gone wrong". AsianInvestor gauged experts' response.
Developments in financial technology solutions for asset managers promise to create new, detailed investing solutions, as well as changing the manner in which funds are distributed.