FWD replaces Hong Kong CIO

The fast-growing insurer is building its investment team and has taken portfolio management in-house for now. But it may use external firms to enter new asset types.

The insurer has poached from a rival firm to fill the role in Hong Kong as it looks to reinvigorate its business under new group chairman Mark Tucker.

The group's CIO explains how changing market conditions are prompting it to look at private equity opportunities more discerningly – and why it's important to keep portfolios flexible.

The Hong Kong-based insurer’s chief investment officer, Paul Carrett, says his industry is slow to benefit from new opportunities. He wants to be different.