BlackRock appoints first China private credit head; Nikko AM names head of consultant relations; Standard Chartered's global private banking head leaves in restructuring; Pictet WM hires fund specialist from UBS; RBC WM appoints new head of investments for Asia and international; Indosuez hires new COO; Natixis names three Taiwan executives; and more.
Investors' interest in the mutual market access scheme is muted, but the Chinese securities regulator is already mulling a new connect programme with Singapore.
The appetite for best-of-breed financial products around the world continues to grow, particularly among institutional investors. So it’s no surprise that fund managers continue to look to Europe from a distribution perspective. Once a fund manager has decided to distribute products to the European market, key decisions will need to be made.
Yield-hungry investors are looking to invest more in emerging market corporate bonds, which are seen recovering more slowly from the pandemic crash than those in developed markets.
The region’s ex-Japan institutional investors bought into securitisation funds and US corporate bonds while cutting stock holdings, according to the latest data from eVestment.