Asset owner news roundup, Aug 7

If the Hong Kong crisis escalates and Beijing intervenes, what would the repercussions be?

The world's biggest fund house is making changes to its management and sales setup in Taiwan after a sharp fall in its assets under management there since end-2017.

Aberdeen Standards adds Japan property head; Munich Re names new Greater China CEO; Investec shuts HK wealth business; HSBC non-committal on potential Asia layoffs; JLL replaces Singapore capital markets head; HSBC PB poaches from Credit Suisse, and more.

Nine Masts founder exits; Ontario Teachers' CEO on Asia buildout plans; First State Super's hiring spree; Merian poaches T. Rowe Price saleswoman; Capital Group beefs digital team; HSBC Singapore bolsters private banking

The aspirations of Hong Kong to become a viable private equity fund domicile face competition from Singapore, which is already more advanced in its plans.