Singapore’s biggest insurer has sparked questions by replacing its experienced investment chief, Yoon Mun Thim, in another senior shakeup in the industry.
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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.
Product governance rules under Mifid II are likely to affect the operations of Asian product producers, but most firms remain unprepared for the changes to come, say experts.
Islamic banks are not so different from their conventional counterparts, and this needs to be addressed, finds research from The International Centre for Education in Islamic Finance.
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.
RBC adds pair to Asian WM team; Manulife AM poaches from UBS for wealth role; Bank of Singapore names China equity strategist; Contineo poaches sales head from SEB; StanChart PB hires Greater China MD; WTW names Li to expanded role; CBA names WM COO.
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.
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.
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.