As ESG is becoming the new pillar of asset allocation, major institutional investors in the region share insights on how to incorporate ESG in investments in a webinar organised by Natixis Investment Managers in partnership with AsianInvestor.
Douglas Eu, CEO at Allianz Global Investors Asia-Pacific, says one goal is to work closely with major cross-border fund distributors across the region. In Hong Kong, for instance, the firm will offer funds managed by Nicholas-Applegate and Oppenheimer Capital, which are other investment management companies within the Allianz Global Investors group. In Taiwan and South Korea, the firm will broaden its fund range through the introduction of new products.
ôHopefully, we will be able to make firm announcements later this year about the development of businesses in Japan and India,ö says Eu, without giving further details.
Allianz Global Investors recently made a number of senior staff appointments in the Asia-Pacific region.
Lewis Leung has been named head of mutual funds for Asia-Pacific. Lawrence Tse has been named chief marketing officer for Hong Kong. Patience Chan has been named head of marketing and corporate communications for Asia-Pacific.
In his new role, Leung reports to Eu and is responsible for focusing on the growth of Allianz Global Investors' mutual fund business in Asia-Pacific and broadening its range of products in the region. Leung has more than 16 years of industry experience gained in Hong Kong, the US and, most recently, in Beijing where he was head of international business for mainland fund management company Harvest Fund.
Tse replaces Alex Lee and reports to Eleanor Wan, CEO of Allianz Global Investors Hong Kong and is responsible for managing the firmÆs marketing, business development and client servicing functions. He has over 10 years of experience in the asset management industry and was previously with Schroder Investment Management.
Patience Chan joined Allianz Global Investors in Hong Kong in 2005 and was until recently its senior marketing communications manager. She takes the place of Karima Khan, who moved to credit Agricole Asset Management last year. Chan reports to George McKay, chief operating officer of Allianz Global Investors Asia-Pacific.
Allianz Global Investors, which manages around Ç970 billion worldwide, is a subsidiary of management holding company Allianz SE. The firm offers clients a range of products including those from Pimco, RCM, Oppenheimer Capital, NFJ, Nicholas-Applegate.
July’s most read: GIC to hire five associates; Omers to invest C$12bn more into Asia; Aussie super funds seeking co-investments
Hirings at GIC and Schroders, Omer's plan to add up to C$12 billion ($9.5 billion) in Asia by 2025, and Singapore's AUM rise to $3.5 trillion made our top stories for July.
This month, AsianInvestor is running a series of stories on the decisions driving the choices of institutional investors as 10-year US treasuries drop further below zero.
Inflation fears spooked investors earlier this year and continue to weigh on their minds as resurgent economic activity pushes up prices, yet evidence suggests the inflation pick-up is transitory.
The results posted by the Bureau of Labor Funds (BLF) in Taiwan fell short of the benchmark index, and one analyst urges more to be done particularly after last year’s scandal.