AsianInvestor's October 2013 edition now online

Oct 8, 2013

We explore the sustainability of multi-asset funds, unveil the intentions of Asia's top asset owners, examine the emerging markets exodus and hear of the challenge bank distributors face as they enter China.

Click here for October issue

This Month
On the move
04    Nikko AM to buy boutique, loses team; Old Mutual GI plans expansion; UBS hires Yip to build Asian ETF business

08   Regulatory Analysis
       Regional fund schemes square up

09   Regulatory Roundup
        Apec initiates funds passport scheme; Australia hedge funds deemed not risky

10   Special report: Asia’s funds industry five years after Lehman Brothers

12   Data Centre
        Fund managers are relying too much on market appreciation to grow in Asia

Asset Owners
14    Asset owners seek balance
        The leading institutional investors in Asia Pacific are intent on diversifying internationally, but more by asset type than geography.

20   Q&A: Bernd Gutting, Asia CEO and CIO at Allianz Asset Management

22   Japan’s GPIF issues foreign equity mandates; Temasek poaches Citic’s Wu Yibing

Distributors
24    Foreign banks face mountain to climb
Overseas banks know they can’t rival the big four Chinese banks, so they must go niche.

26   Banks turn to emerging affluent in Indonesia

28   HSBC Private Bank builds investment strategy team;
   Alternatives back for private clients, says UBS

Fund Managers
30    A strategy for all seasons
        Fund managers are promoting multi-asset products meant to fit all market conditions, but how durable are they?

34   EM exodus with a difference

38   China-HK MRA tipped to disappoint; Fidelity seeks to grow institutional assets

Alternative Investments
40   Asian Reits blown off course
       Demand for real estate investment trusts has waned as investors target risk assets, in bad news for new listings.

43   Beijing looks to tackle PE bottleneck

44   Q&A: George Raffini, Headland Capital

46   KKR plans credit buildout;
        Hedge funds set for QDLP go-live

Asset Services
48    Custodians welcome prospect of low-rate relief
        Custody businesses are mulling the likely impact of US moves to tighten monetary policy.

50   Operations manager: Steve Lyons, SC Lowy

52   India’s MCX-SX struggling to lure brokers; services recruiter launches in HK

54   Trader talk: Christophe Roupie, Axa Investment Managers

56 Bookend
China’s War with Japan, 1937-1945: The struggle for survival, by Rana Mitter

In this issue
Alternative fund services report
China and Japan are enjoying increased hedge fund activity, but regulation and high entry barriers are obstacles to growth.