ICBC-Axa goes off alt debt, eyes overseas allocation

Two chief investment officers have left the Swiss insurer – one who ran its Hong Kong and Singapore portfolios and the other who oversaw the UK life assets.

Derivatives can help insurers manage credit and currency risks but more awareness and expertise is needed, delegates heard at our Insurance Investment Forum in Singapore.

Temasek International appoints new CEO, chairman; BNP Paribas AM insto sales head for HK exits; AIG names Singapore CEO; Deutsche Bank setting up bad-loan buying unit; and more.

South Korea’s sovereign wealth fund is keen to further develop its investment capabilities, which is likely to give a fillip to its co-operation pact with Korea Post.

There's a potential social and economic price to be paid for ESG, delegates heard at an AsianInvestor event, which otherwise underlined growing interest in environment, social and governance principles.