Singapore’s biggest insurer has sparked questions by replacing its experienced investment chief, Yoon Mun Thim, in another senior shakeup in the industry.
Jun 22, 2015
Hong Kong, Hong Kong
As the Philippines grows into one of Asia’s hottest investment destinations, FinanceAsia brings you this one day event to discuss its continual path of liberalization of the financial sector and what thismeans for investors.
Top news, insights and analysis every weekday
Sign up for
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.
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.
Four foreign managers can now do business directly in China, with Fullerton looking to launch an equity fund and Man working on a quant strategy.
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.
Commonwealth Bank's plan to dispose of Colonial First State is part of an industry consolidation that means any buyer would almost certainly come from outside Australia.
Asset managers, advisers and distributors in India say planned rules to separate provision of investment advice from sale of mutual funds will hamper investment industry growth.
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.
The country's life insurers are investing more into alternatives and equity to raise returns. Doing so comes with sizeable risks that smaller firms may struggle with, say experts.
The IFSWF chairman has exhorted his sovereign wealth fund peers to use their deep pockets and influence to address the world's long-term challenges.