The challenges facing China's AI ambitions

Jo Taylor spoke to AsianInvestor this week while in Hong Kong catching up with the Canadian retirement fund’s partners and plans in the region.

Now that the $153 billion state pension fund has picked the Lion City over Hong Kong as its prospective Asian base, CIO Jerry Albright outlines his plans for the new branch.

Fidelity loses NE Asia head of intermediaries; BNY Mellon IM appoints insto sales head in Japan; Deutsche Bank coy over full impact of staff cuts; China Great Wall AM executive investigated; Value Partners' former head of sales re-emerges, and more.

China Orient AM International loses equities head; Pictet AM's China bond team sees changes; Macquarie Infra and Real Assets hires from Invesco; Varde designates Singapore-based co-CIO as CEO; Rothschild closes Asia wealth desk, regional head resurfaces; and more.

The sovereign wealth fund is ramping up its in-house capabilities, becoming more targeted in its investments and building up exposure in new areas, with China and India a key focus.