Indian insurers upbeat on local stocks despite risks

The firm is set to fill the vacancy left by Mandy Chan with a hire from BNP Paribas Asset Management, which is promoting internally to cover her departure.

The two asset owners are launching what should be the largest closed-end fund in Asia for a diversified portfolio of premium real estate, and are eyeing several assets.

The Hong Kong-based insurer has hired from rival Generali to fill the newly created role, having rapidly expanded its investment portfolio with several recent acquisitions.

Malaysia's PNB appoints new CEO; Hong Kong's SFC moves office; Ping An Insurance adds third co-CEO; Principal Global Investors adds new head of North Asia institutional sales; JP Morgan AM names retail distribution head for Hong Kong; Sanne appoints business development heads in Asia; SC Capital hires head of investor relations.

Norges Bank Investment Management has strong convictions on manager selection – and on Asia. In the first of a two-part series, AsianInvestor speaks to head of external strategies Erik Hilde.