The US asset manager has hired its first head of Asia insurance coverage, reflecting a trend among its peers. He starts on November 11 to tap this rapidly expanding client segment.
The long-standing operations chief for BlackRock’s Asia-Pacific business, which has some $400 billion under management, has left to pursue other opportunities.
Michael Marquardt oversaw...
Although new themes are emerging in portfolios, the overall risk approach remains fairly conservative, ratings agencies tell AsianInvestor.
Its sustainability is low, compared with other metrics that measure the health of the system. But the transfer of state-owned assets to plug the pension gap should offer some help.
Inadequate advice, finding quality investments, conducting due diligence and impact measurement remain key challenges for family offices.
Nicholas Gartside reveals what he has learnt from his recent switch to insurance from asset management, and says he's been inundated with pitches for illiquid investment strategies.