Why sovereign funds could be at risk in a downturn
State investors are increasingly fronting up debt, as well as equity, for the private deals they are doing. This is raising questions, especially with a downturn widely forecast.
0000Shouldering debt: Public funds are increasingly providing financing that typically came from banks in the past
The world's biggest fund house is making changes to its management and sales setup in Taiwan after a sharp fall in its assets under management there since end-2017.
Aberdeen Standards adds Japan property head; Munich Re names new Greater China CEO; Investec shuts HK wealth business; HSBC non-committal on potential Asia layoffs; JLL replaces Singapore capital markets head; HSBC PB poaches from Credit Suisse, and more.
Nine Masts founder exits; Ontario Teachers' CEO on Asia buildout plans; First State Super's hiring spree; Merian poaches T. Rowe Price saleswoman; Capital Group beefs digital team; HSBC Singapore bolsters private banking
The aspirations of Hong Kong to become a viable private equity fund domicile face competition from Singapore, which is already more advanced in its plans.
Hong Kong's incoming solvency rules for insurers will have a big impact on their fixed income portfolios just as they will on their higher-risk asset holdings, warn industry experts.
The fund house is seeking a replacement for Gregory Suen. Research firm Morningstar suggests the firm's Asia bond strategy could benefit from being less conservative.
Another long-standing staffer has left the Hong Kong-based fund house after a series of senior departures and reshuffles, and is understood to be joining a rival.
Experienced family office investors feel technology valuations are over-inflated in some areas, so are being increasingly selective about what they invest in, and where.
The Chinese currency's breaching of a key level against the dollar has sparked market turmoil and will be posing some tough questions for asset owners.
Beijing's rescue of the collapsed Baoshang Bank has led some investors to seek out bond investments, relying on the implicit desire of the government to prevent a credit crisis.
By developing credit research capabilities in-house, the Swiss insurer's Malaysian unit hopes to join other asset owners in pursuing alternative investment opportunities.
“We are almost at the point where every company is a tech company.” The sovereign wealth fund's co-heads of technology investment outline their holistic approach to the sector.
AsianInvestor considers whether China could be in for some economic problems, as Beijing seeks to tamp down on the country's fast-escalating debt burden.
Investors ready to tap into the education sector in Asia via private equity should tread carefully despite appealing returns as the regulatory landscape continues to evolve.
Geoffrey Lunt, senior product specialist for Asian fixed income at HSBC Global Asset Management, explains the role and benefits of Hong Kong dollar bonds, especially for domestic institutions.
