BlackRock cuts to hurt Asia less; Malaysia's PNB names new CIO; Merian appoints HK sales head, global CEO; Sanne opens Tokyo branch; AllianzGI replaces Asia general counsel; and more.
Asia’s leading institutional investors see diversification by asset class as a risk mitigation strategy, despite this indicating they are selectively adding risk to portfolios.
The CIO of Prudential Corporation Asia explains to AsianInvestor why he is looking to add alternative assets and wants fund houses to embody ESG when investing.
The family office believes that it's easier to use environmental, social and governance principles to invest in emerging markets, as it can better support sustainable development.
The $941 billion sovereign wealth fund's president also said CIC will continue to raise exposure in alternatives while cautious about the investment outlook.
Australian report highlights superannuation industry flaws; CapitalLand acquires Ascendas, China doubles QFII quota limit; Korea's NPS sets up stewardship division, and more.