Foreign fund houses face hurdles to build in China
The country's efforts to liberalise its fund management industry offer foreign asset houses opportunity, but there are several hurdles still in place to their onshore growth hopes.
The firm is set to fill the vacancy left by Mandy Chan with a hire from BNP Paribas Asset Management, which is promoting internally to cover her departure.
WTW hires American Century's Korea saleswoman; CIC sees executive VP exit; Knight Frank hires Singapore advisory duo; Deutsche taps HSBC for SE Asia wealth head; family office Kamet adds seven; Capital Group appoints sales duo; BNP Paribas WM structured investment head exits.
The two asset owners are launching what should be the largest closed-end fund in Asia for a diversified portfolio of premium real estate, and are eyeing several assets.
The state pension fund aims to invite bids for the two mandates by the end of the year to raise its alt exposure and replace underperforming managers, AsianInvestor can reveal.
The Hong Kong-based insurer has hired from rival Generali to fill the newly created role, having rapidly expanded its investment portfolio with several recent acquisitions.
Malaysia's PNB appoints new CEO; Hong Kong's SFC moves office; Ping An Insurance adds third co-CEO; Principal Global Investors adds new head of North Asia institutional sales; JP Morgan AM names retail distribution head for Hong Kong; Sanne appoints business development heads in Asia; SC Capital hires head of investor relations.
The Dutch firm has appointed its first insurance coverage specialist in Asia as well as a new institutionally focused Korea sales head and client portfolio manager for quant strategies.
Asset owners outside Asia often hire Western firms to manage their Chinese equity portfolios, despite mainland fund houses’ lower charges. But there are pros and cons to weigh up.
With sustainability dominating conversations on a daily basis, much confusion seems to surround stewardship, despite the strong correlation between the two concepts. Schroders debunks five myths.
AsianInvestor's sister publication FinanceAsia gained a set of market reactions about the decision of China's authorities to end the limits on qualified foreign institutional investors.
China’s GDP grew at its slowest rate in 27 years in the second quarter, prompting concerns over the sustainability of its economy. What can an increase in foreign investment do to help?
A mass dash out of equities and into cash has come as the IMF unveils bleak economic projections for what it says could be the worst downturn since the Great Depression.
Industry participants welcome planned guidelines from the Asset Management Association of China that aim to drive adoption of environment, social and governance principles.
While the fund suffered negative growth over the 11 months of the most recent financial year, it will keep using its passive reference portfolio to benchmark its active investments.
The French house has long taken sustainability seriously, but this effectively means ESG is now its default option for its key investment solutions underlining the depth of its commitment to implementing ESG on behalf of all its clients.
Morgan Stanley Investment Management’s Applied US Core Equity Strategy can point to multi-year returns and a robust Sharpe ratio for its success in our smart beta category.
Life insurance firms in the country look set to allocate more assets into local fixed-income rather than venture overseas, even as more foreign players buy local players.
