Experts bemoan HK's slow green finance reform

Schroders cuts to affect Asia; SSGA's Asia head of portfolio strategists exits; BNY Mellon IM Greater China insto head departs; Korean hedge fund closes HK office; Ping An AM CIO moves on; China Everbright CIO departs; M&G sets up Asia credit origination team; Aberdeen Standard HK/China marketing head to exit; and more.

The latest survey of insurers, pension funds, endowments and other institutions shows mixed allocation plans for 2020, amid expectations of more macro and market uncertainties.

Limited resources and fear of failure bid the pension funds to turn to consultants, but also means they are potentially missing out on even more favourable investments.

Asset owners are under greater pressure to reduce their carbon footprint and invest sustainably, but they are still seeking quality reporting standards globally.