Bangladesh, Pakistan and Sri Lanka are new markets for the UK fund manager. Meanwhile, algorithms need to adapt to new trading hours in the region, says its Asia head of trading.
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Family office Nutrimenta names new Asia CEO; Credit Suisse adds RMs; CR Yuanta Fund replaces GM; Indosuez WM hires duo; Maybank AM CEO exits; Sun Life appoints Asia marketing chief; RBC WM appoints international head; Principal Financial's Asia chair retires.
The Asian insurer has transferred staff from Hong Kong to the new Singapore-based entity, which it established to improve the efficiency of investment operations across the group.
ICBC CS replaces chair; Amundi names North Asia ETF head; Aviva Investors appoints head of Asian rates and FX; M&G Real Estate hires Asia research head; Guotai AM shuffles team; UBP names HK COO, Indonesia head; Willis Towers Watson adds to insurance desk.
The largest Asia-Pacific manager of funds intends to expand beyond its home country, Japan, via partnerships and new product launches.
Global investable reserves are to swell $300 billion by 2020, most of which is likely to go into active fixed income and stock index strategies, finds research by State Street Global Advisors.
So say M&G and Savills Investment Management. The latter has won two Japan property mandates this year, is readying more Asia funds and is eyeing a Korean office. The former has a new research head.
Joyce Ngan, the private bank's new Asia-Pacific head of fund solutions, spoke to AsianInvestor about picking products and how it recently put a fund selector in Singapore.
Michael Chan moved on in August after nine years with the asset management and servicing firm and a search is still under way for his replacement.
Joseph Wang, chief investment officer of Taiwan's biggest insurer, outlines the firm's market outlook and where he sees opportunities in bonds, stocks and alternatives.
Some big institutions find index-based investment harder than they expect and should push asset managers to cut fees instead of trying do it themselves, says a State Street executive.