PRI seeks more Asia instos in drive to raise standards

After merging domestic alternatives investments into its global strategy, the state pension fund is now putting its efforts into overseas expansion.

The French fund house is expanding institutional client coverage, says its Asia head, citing business growth in segments such as insurance and superannuation funds.

External managers are obliged to comply with greenhouse gas emission rules, forming part of the life insurer's efforts to lift ESG standards in China.

Although asset owners are looking more closely at climate impacts on their portfolios, the bushfire crisis is bringing much greater urgency to the issue.

Pimco names new head of client management for Asia Pacific; Sun Life appoints general manager for financial affairs in Hong Kong; Standard Chartered Private Bank poaches senior client partner from UBS; JLL appoints head of capital markets and hires a chief information officer for Australia; Noah International adds chief business development officer and more.