The de facto central bank's commitment to an IFC programme underscored its interest in infrastructure investing, following its opening of an office dedicated to such funding last year.
While multi-family offices have much scope to grow, they also face cost pressures and rising expectations from the ultra-wealthy individuals they serve.
Historical precedents, limited central bank tightening, earnings momentum—all are cited as factors supporting the market, although the mix of growth looks set to change.
Senior executives from China Investment Corporation and Silk Road Fund aim to invest huge sums into the Asia-to-Europe infrastructure project, but they admitted doing so is challenging.
The Hong Kong arm of China Everbright Group aims to raise its offshore infrastructure fund to $1 billion through China insurers and European investors, and inject more assets into it.
Manulife names Asia CEO; T. Rowe Price grabs APAC multi-asset head; StanChart bulks up North Asia private banking team; DBS expands team; Harvest Global adds HK staff; Taiwan FSC names chairman and many more.
Geopolitics often jolt markets but the impact is usually limited. Despite the high stakes, investors should remain calm in the wake of escalating US-North Korea tensions, say experts.
Pictet WM names CIO; Avanda IM hires manager selection executive; HSBC Southeast Asia PB head departs; Goldman Sachs Singapore names CEO; UBP appoints HK market head and more.
The risk posed by the flood of money into exchange-traded funds has been overstated, mostly by active managers, say market experts.
Asian sovereign and public sector pension funds beat their Western peers in 2016 in AUM terms but their annualised five-year returns still lag due to lower allocations into alternatives.
More is being spent on performance analysis, data and risk management in the region, but market fragmentation is an issue.
Asset owners across Asia are likely to begin seeking financial technology providers to help them understand exactly how the fees they pay to alternative funds are being used.
BNP Paribas Wealth appoints Asia products head; Blackstone hires Japan chairman for; Deutsche Bank fills securities services role; Northern Trust promotes new Southeast Asia head; HSBC GAM hunts for Japan client executives; China's securities watchdog gains new assistant chairman; UBP loses multi-asset specialist to AMG Wealth; Liquidnet fills regional sales head position; SocGen poaches new financial institutions sales head.
The US asset manager has seen William Tan exit, not long after it appointed a head of institutional business for Asia.
SSGA replaces equity beta solutions head; UBS AM adds China PM; Harvest hires fixed income PM; Partners Group names Japan head; DBS PB appoints investment consultant; Savills IM adds research manager; HSBC PB appoints new global funds chief.
Renewable energy and healthcare are among the biggest recent beneficiaries of soaring flows of private capital, according to EMPEA.
Investment strategists are tipping emerging-market fixed income to perform well, but advise shifting into higher-quality instruments in that segment.
In the first of a two-part series, MSCI chief Henry Fernandez says the index provider aims to boost its Asia headcount as part of an effort to expand lagging regional revenues.
GIC hires first CTO; BNP Paribas AM shuffles wholesale team, adds Australia sales head; Waterfield Advisors appoints first COO; Thirdrock adds five client advisers; Schroders replaces relationship director; Axa makes leadership changes; Taiwan FSC switches bureau heads; Insight Investment replaces distribution head.
China's Asia-to-Europe infrastructure initiative has seen little involvement by asset owners. Better inducements may be necessary, including stronger downside risk protection.