The insurance firm has hired a former Aviva Investors executive to succeed Will Chen.
Pivotal Investments has closed its hedge fund which was among the best-performing Asian multi-strategy funds last year and is returning capital to investors.
After 2017’s relatively benign investment climate, 2018’s uncertainty leaves fund managers reconsidering their portfolio mix. AsianInvestor recently partnered with State Street Global Advisors and the ABF Pan Asia Bond Index Fund (PAIF), for a series of forums focused on Asia’s bond market.
Invesco’s Chinese fund management joint venture has hired Kevin Chen, a 19-year alumnus of Axa Investment Managers, as deputy general manager.
The asset management subsidiaries of Chinese insurers will likely issue more alternative investment plans after a dive in such products so far this year.
Asian investors are showing growing interest in exchange traded funds but remain largely unfamiliar with what they are and how best to use them, industry specialists have said.