China’s pension funds need bolder reforms: HKIFA

The French asset manager has appointed a new head of its China business, as competition in the country's asset management industry continues to heat up.

Barings's Asia CEO retires; Northern Trust's head of Apac sec lending exits; M&G hires Asia distribution head from Eastspring; Schroders names Taiwan chairwoman; Deutsche Bank WM makes senior appointments; Golden Equator sets up Brunei branch; and more.

The Canadian pension fund’s head of Asia remains confident that Hong Kong has the edge in providing regional accessibility as it sets out to accelerate its investments in the region.

Hong Kong’s de facto central bank voices its support for the upcoming limited partnership regime as more details of the developing legal framework emerge.

The $153 billion public pension fund’s new chief investment officer explained why it has raised its private market exposure and is doing more direct investing.