The firm is set to fill the vacancy left by Mandy Chan with a hire from BNP Paribas Asset Management, which is promoting internally to cover her departure.
In its ongoing quest to diversify investments and raise returns, Korea’s Public Officials’ Benefit Association Poba appointed three fund houses to invest $50 million into insurance-linked securities IL...
For the 11 months of the most recent financial year, the fund’s ‘value add’ was negative, but since inception, it has outperformed its reference portfolio.
Life insurance firms in the country look set to allocate more assets into local fixed-income rather than venture overseas, even as more foreign players buy local players.
Malaysia's PNB appoints new CEO; Hong Kong's SFC moves office; Ping An Insurance adds third co-CEO; Principal Global Investors adds new head of North Asia institutional sales; JP Morgan AM names retail distribution head for Hong Kong; Sanne appoints business development heads in Asia; SC Capital hires head of investor relations.
The national security law looks set to forever change how the Asian financial centre functions, and not in a good way. Candour is set to diminish, and social tensions may rise.