Malaysian asset managers' share of global sharia-compliant funds could overtake that of firms based in Saudi Arabia, according to AsianInvestor's annual ranking this year.
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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The Hong Kong-based fund house has promoted internally to fill the role, amid an ongoing management reshuffle.
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.
Two more senior executives have left the Hong Kong fund house following a recent leadership shake-up.
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.
The US property investment firm has closed its international branches, laying off most of its portfolio managers in the process, say sources.
China's sovereign wealth fund is accelerating its overseas drive into private equity, property and infrastructure after recording a return of 6.22% last year.
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.
Several external asset managers in Asia are said to be wooing prospective acquirers, including private banks. But would such moves benefit clients?
The US-based asset manager has hired a Greater China equity portfolio manager and three other investment professionals.
There has also been a robust rise in the number of asset management firms licensed in the city, according to the local regulator's annual report on fund management activity.