Why Indian insurers are likely to raise alt investments

Cbus names first deputy CIO; Axa appoints new HK CEO in reshuffle; Invesco adds Asia fixed income head; Swiss private bank CBH's Asia CIO to exit; JP Morgan AM changes manager of Thailand, Vietnam funds; and more.

Axa IM loses senior equity manager; Harvest grabs fixed income head from Manulife IM; Allianz names Asia life and health CEO; GAM adds Australia insto head; Aberdeen Standard hires investment specialist in Australia; HP Wealth expands team; East Capital internally promotes Asia head; Capital Group appoints marketing director; and more.

Investment and finance executives say the city’s government may have damaged its image as a financial centre with its push to pass an unpopular extradition law.

Singapore or Hong Kong may appeal to private equity managers for fund domiciling, as other offshore jurisdictions bring in stricter economic substance rules, thus reducing their attraction.

China is looming larger on the radar of California’s $234 billion pension fund for teachers, as it undertakes a major portfolio management overhaul.