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.
China’s insurance regulator is further encouraging local insurers to invest more in banks’ perpetual bonds by lowering the capital charge, despite concerns about their riskier nature.
The preferential treatment that reduces the cost of capital for mainland insurers when they buy reinsurance in Hong Kong could change once the city adopts a new RBC regime.
A new study by Aima and EY says that Asian hedge funds are more diverse than their European counterparts, but that they still need to do more.
The current share of investments from Denmark’s largest commercial pension fund does not match the growth potential of the region, according to its real estate head.
Growth and inflation expectations have rebounded sharply, shows the Bank of America Merrill Lynch monthly fund manager survey. But some allocators remain wary.