Srinivasan changes roles at Allianz Global Investors
Nikhil Srinivasan has been seconded to become the groupÆs new Singapore CEO.
000
Nikhil Srinivasan, Allianz Global InvestorsÆ Asian head of investments, has been seconded to become the groupÆs new Singapore CEO. He will continue to oversee AllianzGIÆs investment teams throughout Asia, while reporting to Douglas Eu, the regional CEO, in managing its Singapore business. He is replacing Ian Tham, his predecessor in the Singapore role, who resigned for personal reasons earlier this year.
Educated in Oberlin College and University of Cambridge, Srinivasan has worked for Sofaer Capital and Morgan Stanley in the past, where he was an absolute return fund manager prior to joining Allianz Global Investors in 2003. He has since rotated around AllianzGIÆs offices in Hong Kong, Bangkok and Singapore.
In a plan to raise its global competitiveness seven years ago, Allianz acquired a number of leading asset management brands, including PIMCO, NFJ Investment Group, Cadence Capital, RCM, Nicholas-Applegate and Opperheimer.
The mergers have led to constant re-branding exercises ever since, including the removal of the Dresdner brand from RCM Capital Management, formerly known as Dresdner RCM. However, the integrations have made Allianz one of the largest asset managers in the world with $1.76 trillion under management. Around $25 billion of this is in Asia where the firm employs 100 investment professionals.
SrinivasanÆs appointment is the latest large reshuffle for the group, following the hiring of Douglas Eu as regional CEO from JF Asset Management last August. In April, Eleanor Wan was appointed the new Hong Kong CEO after working as head of sales for AllianzGI.
000
As ESG is becoming the new pillar of asset allocation, major institutional investors in the region share insights on how to incorporate ESG in investments in a webinar organised by Natixis Investment Managers in partnership with AsianInvestor.
Government support in carbon neutrality, plus regulation overhauls in the cybersecurity space, have created a favourable environment to further diversify into green stocks.
Departing CEO Fiona Reynolds tells AsianInvestor how she hopes that, within a five-year period, human rights will be as important as climate issues for most investors.
Zurich Australia appoints CEO for Australian and New Zealand; BNY Mellon hires Southeast Asia head of intermediary; Franklin Templeton names head of Asia distribution; Robeco to add three ESG specialists in Singapore; JP Morgan AM names new head of data science; JLL adds head of Greater China; Lombard Odier hires COO from Credit Suisse; and more.
The Canadian pension fund plans to increase its allocation to the region from 10% to 15% over the coming four years, even as its total assets under management rise.
The healthcare industry in China is propelled by significant reforms and presents exciting investment opportunities. However, the returns it delivers are volatile. How should investors navigate this market?
The city's booming asset management industry is boosted by rising interest from family offices, the Wealth Connect scheme and a growing retail investor base.
Future Fund internally appoints deputy CIO for portfolio strategy; CPPIB promotes Suyi Kim to run global private equity; NPS extends CIO term for second time; Willis Towers Watson appoints Australian investments head; Knight Frank promotes Apac director to run global capital strategies; Natixis Investment Managers names head of distribution for Emea.
The Thai fund house is planning to scale up its technology capabilities to lift investment returns and better engage clients, while technology funds are among the key focuses of its investment products.
The German insurer's recent investment in Kotak’s real estate debt platform is the latest sign that global asset owners are continuing to eye Indian private credit strategies.
AsianInvestor gained the views of the Asia CEO and CIO of Allianz Investment Management on the rationale behind its recent Indian private credit investments.
Hirings at GIC and Schroders, Omer's plan to add up to C$12 billion ($9.5 billion) in Asia by 2025, and Singapore's AUM rise to $3.5 trillion made our top stories for July.
This month, AsianInvestor is running a series of stories on the decisions driving the choices of institutional investors as 10-year US treasuries drop further below zero.
Inflation fears spooked investors earlier this year and continue to weigh on their minds as resurgent economic activity pushes up prices, yet evidence suggests the inflation pick-up is transitory.
The results posted by the Bureau of Labor Funds (BLF) in Taiwan fell short of the benchmark index, and one analyst urges more to be done particularly after last year’s scandal.
