Cathay Life to continue raising foreign investments

As interest in alternatives grows, the CIO of Japan's national pension fund believes that the mindset of asset owners must change, if they want to hire the staff they need.

China’s former central bank governor Zhou Xiaochuan has spoken in favour of letting pension funds invest overseas, a sign senior officials are considering such a move.

After merging domestic alternatives investments into its global strategy, the state pension fund is now putting its efforts into overseas expansion.

External managers are obliged to comply with greenhouse gas emission rules, forming part of the life insurer's efforts to lift ESG standards in China.

EPF names new CIO, strategy head; Invesco hires A-share quant specialist; Vanguard's Asia chief exits and its China portfolio review head switches to Ant Financial JV; Aberdeen Standard replaces insurance head; T. Rowe Price hires Asia consultant relations head; Credit Suisse picks up former Deutsche investment executives and more.