Insto roundup: SFERS invests in Asia alts; AMP’s new CEO

Speculation is swirling about Prudential's plans for its Asian asset management arm after it parted ways with three top executives. AsianInvestor outlines various potential outcomes.

The new specialist will drive the development of multi-asset, structured and quantitative solutions for the French asset manager in the Asia-Pacific region.

Statewide Super names new CEO; MSIM sets up Singapore-based team; Mercer appoints investing consulting head for Australia; QBE appoints Asia chief; Lombard Odier to open Abu Dhabi office, and more.

Foreign investors warmly received news of the planned merger, and anticipate that Beijing will make more efforts to broaden market access and enhance inbound investments.

The Swiss insurer's Hong Kong and Singapore businesses are looking to buy illiquid alternatives for the first time, despite the relatively meagre returns on offer.