Foreign fund houses face hurdles to build in China

Beijing is keen to end the chaotic situation in Hong Kong and could fast-track efforts to de-emphasise its importance. But does it have a ready replacement? We ask seven experts.

The masks ban using colonial-era legislation further damages Hong Kong's democratic credentials. With no end to the turmoil in sight, the city's financial status continues to weaken.

Eastspring sees no job cuts from Thanachart Fund acquisition; Hines appoints chief investment officers; Amundi makes two new appointments; MSCI appoints an Asia Pacific head of indexes; KKR expands its global impact team; Standard Chartered appoints regional private bank head; Julius Baer poaches employee from HSBC Private Bank.

Legg Mason reveals new Apac head; First State Super appoints deputy head; Axa IM promotes active fixed income head for Europe/Asia; Singapore PE firm Everstone poaches new Mumbai chief; former Anbang investment director joins crypto platform; Carlyle names new Korea investment head, and more.

Asian life insurers are more cautious than global peers about economic risks, according to a new survey. Some, including AIA and FWD, are seeking to diversify their risks in response.