The French fund house will cut poorly performing and overlapping funds and focus on products close to client preferences, as it aims to build Asia AUM, said the group deputy CIO.
Investors remain keen to fund innovative start-ups in Asia but have learned to be more selective, say experts.
Deutsche AM hires new APAC head; Rockspring poaches regional chief from KIC; Northern Trust appoints Japan president; JP Morgan hires Singapore client advisor: Aprea elects new chairman; Hermes adds senior economist; Simmons & Simmons gains Beijing partner; BNY Mellon adds RM head for depositary receipts; Leonteq gains new CEO, board members.
Asian institutional investors look set to look for more factor-based strategies over the next five years, probably at the cost of lower passive or active strategies, a study by Invesco shows.
Bitcoin's appeal is growing among Asia's wealthy but regulatory concerns and illiquid digital currency markets, are likely to keep investments muted for now, say experts.
The Singapore-based asset manager will see another C-level executive step down from his position, amid its ongoing merger with NTUC Income.
Investors remain keen on emerging market assets despite the Fed's decision to begin unwinding its balance sheet, but it could be time for a change in approach, experts say.
Client on-boarding times are getting significantly longer to the growing frustration of private bank clients, a Hong Kong survey of wealth management firms shows.
Wealth advisers agree that high net worth investors are increasingly turning their attention to outright asset performance when it comes to investing via funds.
The region's family offices are keen on real estate, equities and increasingly US private credit, according to a joint report by UBS and Campden Research.
Singapore’s biggest insurer has sparked questions by replacing its experienced investment chief, Yoon Mun Thim, in another senior shakeup in the industry.
AsianInvestor's COO of the year also discusses tackling a growing regulatory burden and the challenges ahead for his company.
A start-up platform that rates fund selectors is seeking more Asia participation, but that could be a tough slog given the low penetration of funds in the region, according to experts.
Grizelda Lee has been promoted as the new head of discretionary portfolio management, replacing Pascal Meilland, who has left the company.
Fullerton Fund Management will manage the insurer’s public-asset portfolio as part of the all-Singaporean deal, say sources familiar with the matter.
The US asset manager has strategically invested into a Singapore-based robo services firm. Other fund houses could follow as automated investing continues to rise across Asia.
Passive investing is to blame for overvalued assets in some markets, and risk management systems may exacerbate the problem, says the Swiss private bank's Singapore CIO.
The US asset manager has seen William Tan exit, not long after it appointed a head of institutional business for Asia.
Illiquid investments such as aircraft financing, cat bonds and student housing are drawing interest, says Aman Dhingra, Singapore head of advisory at the Swiss private bank.
The Asian fund management arm of UK insurer Prudential hires to replace its Singapore chief risk officer, who has transferred within the group.