Fund houses oppose HK's vague rules on referrals

Future Fund's head of private property departs; HSBC global cuts to affect Asia; FTSE Russell names first Asia sustainable investment chief; Savills appoints Malaysia head of asset management; BNP Paribas AM's EM debt head exits; SingAlliance poaches from BNP Paribas; and more.

While the fund announced a healthy return for 2019, its investment team is considering how to recalibrate its passive benchmark for trickier conditions ahead.

But while Morningstar sees the bond house as the "strength" of Franklin Templeton's takeover of Legg Mason, the merged firm may be vulnerable to competition from index fund managers.

Five experts told AsianInvestor what symptoms Asia's private equity markets are displaying from the recent coronavirus outbreak.