China’s pension funds need bolder reforms: HKIFA

M&G's Apac institutional head exits firm; State Street and BNP Paribas Securities Services appoint new regional heads; Janus Henderson adds new Asia team heads; Benjamin Deng takes on new roles in IAMAC; a new Abu Dhabi fund house targets east Asia; 'Jack' Bogle passes away and more.

The recently set up C$62 billion public-sector fund manager plans to double its investment team, insource most assets and do more direct deals, says CIO Jean Michel.

Chinese regulators are putting up unnecessary barriers to fund managers wanting to take advantage of mutual recognition of funds between Hong Kong and the mainland, believe industry experts.

Taiwan will soon have its first ESG ETF and pension funds could be the likeliest target market.