There is definite proof that sustainability-focused funds are outperforming their conventional counterparts. But some experts believe the traditional explanations for this are wrong.
Under the mandate, Standard Chartered will be the custody and associated fund services provider for AllianzÆs insurance business in Asia.
This is a new mandate. Previously Allianz business units within Asian countries made their own custody arrangements. The move brings AllianzÆs Asian operations into line with its practice elsewhere in the world where it has established regional custodian banks.
ôThis is a more efficient way to run our businesses in Asia,ö said Christoph John, regional head of corporate communications for Allianz Asia-Pacific. "It gives us greater control over our funds and increases transparency,ö he added.
Commenting on the deal, Jaspal Singh Bindra, director Asia for Standard Chartered Bank says: ôThis is a significant mandate from one of the largest and most eminent international financial service providers in the Asian insurance market.ö
The country's largest insurer Ping An set up a $62 billion green investment target by 2025 and more players are also joining the race.
The boss of Thailand’s second-largest pension fund hopes proposed changes in the law will help her diversify more into overseas markets and is particularly bullish on China.
Investors can still find spread premiums in niche private debt, with the asset class's prognosis looking strong, said a keynote speaker at AsianInvestor’s latest summit on Wednesday.
AsianInvestor details the second part of our marquee award winners for 2021, which includes the standout ESG adviser and also the asset manager of the year.