ICBC-Axa goes off alt debt, eyes overseas allocation

The German insurer has committed $600 million to manager GLP to launch a strategic partnership in the two countries, as it targets a higher level of investment into the region.

Club Plus Super chair steps down; Pictet sets up Asia family office team; FundRock opens Singapore branch; former Convoy director faces fraud charge; Indosuez appoints Asia chief; Capital Group replaces Asia marketing head; and more.

Giant insurer AIA is inspiring other Hong Kong asset owners to bring their investment practices in line with the global trend.

PE firm Berkeley Assets to expand to Asia; Loomis Sayles adds Asia credit PM; Pictet WM adds Asia head of investments; T. Rowe Price names senior equity analyst; TA Associates hires SVP and more.