The sales team in Hong Kong has suffered another recent senior departure in Hong Kong amid global layoffs at the asset management and custody giant.
Investors have been pouring more money into China’s bad loan market as the supply of these assets continues to rise, but some experienced debt investors are less bullish....
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.
If Canada’s biggest pension fund were to open a branch in the Chinese capital, it would reflect its ambitions in the country and its pioneering approach to investing in Asia.
However, the UK firm's unit still has a lot of regulatory hurdles to overcome and will have to compete fiercely with local players.
In what could be an important test-case for ESG generally, the cry has gone up in the wake of the Christchurch terror attacks for collective investor engagement of social media companies.