FWD’s CIO hopes HK’s RBC rules find the right balance

Barings's ex-head of sovereigns joins ETF firm; HSBC Securities Services gets new client head; AQR pares Asia sales team; KKR appoints Asia-Pacific tech investment head; CGS-CIMB hires chief investment strategist; EFG poaches IAM team from UBS; First State names head of investment product research; HSBC GAM has management reshuffle and more.

KIC appoints new deputy CIO; SSGA loses HK head of ETFs; Ping An AM portfolio manager exits; Bridgewater China hires tech head; Vanguard names new Asia head; BlackRock hires Apac head of iShares; CBRE Greater China advisory head departs and more.

The US firm's former Singapore chief is on gardening leave. Sources say he will take up an institutional client-focused role in Hong Kong at another large fund house.

The coronavirus pandemic are challenging investment strategies in more than one way. But the postponement of upcoming tighter regulations might provide a ray of light.

With oil-producing countries hit hard by the crude price crash, their state institutions will have to dump liquid assets and, by default, raise private market allocations, say industry experts.