A mover behind the KIC will represent the regional fund management firm in Seoul.
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Aberdeen Asset Management Asia has established a licensed representative office in Korea and hired Robert Park to run it. Park will be responsible for developing the firm's profile among Korean institutional investors. He reports to Hugh Young, Aberdeen's managing director in Singapore. á With 10 years of experience in both the private and public sectors, Park most recently played an instrumental role in advising the Korean government as team leader and chief asset adviser of the KIC Establishment Task Force, which has set up the Korean Investment Corporation, the new government investment agency. á Before that he served asáa vice president for the Korea Centre for International Finance under the Ministry of Finance and Economics, where he headed the research into third-party asset managers, the asset management industry and the Northeast Asia financial hub project. á Over the previous decade his career included a variety of roles in both Korean and foreign-owned companies. He was a senior portfolio manager of fixed-incomeáinvestments and equity basket trading at CAM, the chief financial treasurer at Credit Suisse First Boston and a derivatives trader at BridgeáSecurities, all based in Seoul.á In addition he has wide experience of product structuring and marketing. 000
HSBC Global AM appoints new Asia fixed income chiefs; PAG names Japan PE co-heads; EquitiesFirst names Beijing office head; Noah Holdings CIO resigns; Pictet replaces Singapore chief; HKEX names interim CEO; Tahnoon Pasha departs Spencer Stuart and Asia; Newton IM poaches Aviva Investors' CEO.
The state pension fund is strengthening internal controls, but experts say more action is needed, such as raising pay for investment staff to make them less susceptible to graft.
In a recent webinar, AsianInvestor spoke to top experts on emerging market (EM) corporate debt to get a better sense of the opportunities, risks and rewards that investors should be familiar with. To continue the conversation, we followed up with panelists to further explore some key issues.
While sustainable investment themes and practices are making steady in-roads across the region, the pace would increase with greater asset choice and standardised data, finds the latest AsianInvestor / S&P Dow Jones Indices ESG poll.
The past year has seen something of a growth spurt for green bonds, with the market heading toward the $1 trillion milestone, according to data from the Climate Bonds Initiative and Bloomberg. It has also seen the emergence of social bonds, used for social investments with aims such as expanding access to healthcare and education. As well as significant government bond launches, there has been increased issuance from the corporate sector and from a wider range of businesses and industries.
Studies show that when comparing the long-term returns of listed and unlisted real estate vehicles based on the same underlying assets, the listed sector is an effective proxy for direct property investment. However, listed real estate (LRE) has the benefit of higher transparency, diversification, unmatched liquidity and a lower hurdle to global access compared to direct property.
Australia's MLC Life gets capital from Nippon Life and NAB; Ping An to buy properties from Agile Group; KIC names heads of alts and private equity; NPS appoints Russell Investments for $1b real estate mandate; CDPQ co-invests in $2.7b Taiwan offshore wind farm deal; GIC makes first Vietnam healthcare investment and more.
China's healthy economy and expanding equities market is drawing more eyes from across the world. Australian superannuation funds, in particular, are looking to invest more.
US-based TIAA’s investment arm is ramping up its Asia presence after posting a record regional inflow of assets this year, its global CEO and Asia head tell AsianInvestor.
The territory's office real estate market looks unlikely to rebound for some time to come, given a mixture of ongoing coronavirus effects, hoarding owners and political unrest.
The two public pension funds are increasingly forming partnerships to grow their property and infrastructure exposure globally. What's the thinking behind this trend?
Reserve managers in Asia and elsewhere aim to relax their investment guidelines amid the pandemic fallout, with an eye on assets such as EM stocks and private equity, say experts.
Washington's decision to ban investments in Chinese companies has caused problems for some ETF products. But experts see longer-term upside for both stocks and ETFs.
Measures to ensure continuity of investment management have been largely successful, but the situation requires constant monitoring to maintain efficiency, say asset owners.
Capital Group names new Japan president; Robeco replaces Singapore chief; Hillhouse Capital hires ex-Blackstone MD; Vontobel expands EM debt team; HSBC Global AM names Apac ETF sales head; Manulife creates new digital business role; Stanchart names CIO for wealth management; TMF appoints fund services exec in Shanghai; and more.
