BlackRock appoints first China private credit head; Nikko AM names head of consultant relations; Standard Chartered's global private banking head leaves in restructuring; Pictet WM hires fund specialist from UBS; RBC WM appoints new head of investments for Asia and international; Indosuez hires new COO; Natixis names three Taiwan executives; and more.
We will publish our next daily newsletter on Thursday, July 2.
Some insurance executives are increasingly worried about the risks of fast-growing private asset exposure, while others are calling for looser capital rules around such investments.
Investors' interest in the mutual market access scheme is muted, but the Chinese securities regulator is already mulling a new connect programme with Singapore.
Investment experts were not surprised by chief executive Carrie Lam's policy address focus on China-focused wealth management, but some feel the goal to expand Reits is promising.
The appetite for best-of-breed financial products around the world continues to grow, particularly among institutional investors. So it’s no surprise that fund managers continue to look to Europe from a distribution perspective. Once a fund manager has decided to distribute products to the European market, key decisions will need to be made.