This Month
04 On the move

Changes at restructured DeAWM; Pimco’s Asia-Pacific head steps down; Eastspring adds in sales and investments

08 Regulatory Roundup: Why China might strike an agreement on Fatca

10 Data Centre: The implications of China opening up for global equity investors

Asset owners
12 Surpluses causing allocation headaches for treasurers
Asian commercial banks are better capitalised than their global peers, but low yields and rules on buffers are squeezing their liquidity.

18 Q&A with Kristian Fok of Cbus

20 Management changes at CIC, EPF, GIC, NCSSF and NPS

Distributors
22 Singapore: the South Asia play
What are the challenges facing ‘the Switzerland of Asia’ in the private banking world?

24 Bank of China eyes private banking expansion; ABN Amro, HSBC make senior private banking hires

Fund Managers
26 Taiwan enters offshore RMB slipstream
But it may find it tough matching Hong Kong’s growth on this front

28 Korea spearheads ETF growth story

30 Malaysian fund managers discuss Middle East ambitions

36 Asset management salaries on rise; Onshore markets seen as key to asset growth

Alternative Investments
38 Leveraged loans take up the high-yield baton
Yield-hungry investors are turning to leveraged loans for higher returns than high yield.

41 Can austerity drive a cleantech reversal?

42 Risk appetite rises for Asian property

44 Q&A with Archana Hingorani, CEO of IL&FS Investment Managers

46 Olympus Capital Asia moves into structured credit; alts managers voice regulatory concerns

Asset Services
48 Keeping tabs on credit risks

Sail Advisors’ COO, Li Yan Yan, discusses managing multiple hedge strategies

50 US reforms force changes to sec-lending models; alternatives managers voice regulatory concerns

52 Trader talk: David Logerais of Amundi

Events
AsianInvestor Korea Awards 2013

54 Write-ups of all the winners and photos from the dinner in Seoul last month.

66 What’s next for Asian bond markets?
A report from the AsianInvestor and FinanceAsia debt investor forum.

68 Bookend
Dark Pools: The rise of AI trading machines and the looming threat to Wall Street by Scott
Patterson

With this issue
Trading Asian securities
A report covering the emergence of electronic bond trading, the return of low touch and the Hong Kong exchange-LME merger