Why China insurers should be vigilant over infra debt

Asset Owners

Jaycee Man

Aug 30, 2019

Experts say Chinese insurers buying into infrastructure-backed non-standard debt to tread cautiously as the country engages on a spending spree to curb a slowing economy.

The willingness of China’s state-owned insurance companies to funnel assets into infrastructure debt to support government projects is understandable, and offers them some benefits.

But...

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Malaysia's PNB appoints new CEO; Hong Kong's SFC moves office; Ping An Insurance adds third co-CEO; Principal Global Investors adds new head of North Asia institutional sales; JP Morgan AM names retail distribution head for Hong Kong; Sanne appoints business development heads in Asia; SC Capital hires head of investor relations.

Moves

4 days ago

Staff Writers

KIC reshuffles leadership team; BlackRock Alternative Advisors' Asia head exits; Denise Ying leaves Franklin Templeton's institutional team; Muzinich adds private debt duo in Singapore; Natixis IM names HK, Macau institutional head; Merian confirms departure of North Asia sales chief; Minority AM sets up in HK; and more.

Asset Owners

Jul 7, 2020

Joe Marsh

Norges Bank Investment Management has strong convictions on manager selection – and on Asia. In the first of a two-part series, AsianInvestor speaks to head of external strategies Erik Hilde.

Fund Managers

Jun 29, 2020

Joe Marsh

The firm is set to fill the vacancy left by Mandy Chan with a hire from BNP Paribas Asset Management, which is promoting internally to cover her departure.

Asset Owners

1 day ago

Joe Marsh

Norway’s sovereign fund allocates 3.1% of its $1 trillion to China, up from 2% in 2016. Head of external strategies Erik Hilde explains how it invests there and in other emerging markets.

Alternatives

Jul 3, 2020

Bee Lin Ang

The only cross-border flows into Hong Kong commercial property this year have come from China, while local investors have been buying more overseas real estate, amid the recent turmoil.

Asset Owners

Jul 3, 2020

Jolie Ho

The national security law looks set to forever change how the Asian financial centre functions, and not in a good way. Candour is set to diminish, and social tensions may rise.

Asset Owners

Jul 9, 2020

Richard Newell

As central banks provide further artificial support for listed assets, some asset owners have indicated that they may increase their exposure to unlisted assets.

Partner Content

Jun 23, 2020

HSBC Global Asset Management

Regional bonds offer great interest to investors and issuer alike. Hong Kong’s bond market offers a rare opportunity, said speakers at a webinar.

Just Published

Asset Owners

1 day ago

Jolie Ho

A rapidly aging society means pension reform is needed as payouts can’t keep up with contributions, says Liu Li-ju of Taiwan’s Bureau of Labor Funds.

Partner Content

1 day ago

eVestment

In today’s difficult environment, it is more important than ever for asset owners to deploying their money effectively - which means holding money managers accountable for their performance. AsianInvestor recently held a webinar in partnership with eVestment, whose analytics experts presented their latest insights based on their datasets.

Asset Owners

1 day ago

Staff Reporters

Hostplus bumps main pension cash allocation from zero to 5%; China regulator names and shames corporate investors; Japan's GPIF pays high fees to outperforming equity managers; Nippon Life starts social, environmental investment push; Indonesia to shut debt-ridden state insurer; Temasek buys 25% of tech solutions company and more.

Asset Owners

1 day ago

Andrew Crooke

Insurers, pensions and other asset owners in Asia favour G3 bonds for tactical exposure but plan to avoid emerging market equities, finds AsianInvestor's quarterly survey.

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