Investors should embrace a different way of investing which may reduce directionality while offering the potential for enhanced diversification and truly uncorrelated alpha.
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Point72 sees Apac business development head exit; Value Partners loses new COO; William Blair opens Singapore office; NZ Super adds new board member; Bursa Malaysia appoints former Kwap CEO; Eastspring names new Thailand CEO; Capital Group names product head for Asia and Europe; Neuberger appoints first official institutions head, and more.
It is the first time the China pension fund has sought to hire external managers for overseas mandates since 2015. The mandates include its first mandate for responsible investing.
Sovereign wealth funds’ allocations to private equity and private debt have risen, but those to real estate have fallen, according to Preqin data.
Hong Kong tycoon Richard Li's Pacific Century Group conglomerate has moved Paul Carrett from life insurance subsidiary FWD to become chief investment officer of its operation.
The US fund house’s president and de facto head of client coverage for Asia is returning to his native UK for personal reasons, having built out the regional business.
The large Chinese insurer is adding investment, sales and operational staff to its Hong Kong asset management unit, reflecting a rising trend.
OTPP hiring for high-conviction equities; State Street shuffles Asia leadership; BNY Mellon IM names head for new Taiwan office; Fidelity poaches Victoria Mio from Robeco, loses investment director; Unigestion's Asia head leaves to set up firm; Mercer names Japan CEO and COO; HK SFC bans ex-UBS executive; Wellington names new CEO.
The rise of environmental, social and governance issues to become a core aspect of the investment process has led to asset owners more closely examining fund manager claims.
BNP Paribas Asset Management's Apac CIO retires; China Asset Management (HK) names a new chief; Peak Re adds new senior vice-president in Switzerland; Robeco reorganises China equities team after CIO exit; Indosuez Wealth Management appoints head of Asia capital markets; HSBC Global AM adds head of fixed income ESG research and more.
The state investment company suffered a 2.28% loss in the 12 months to March 31, smaller than many rivals. It is targeting technology and sustainability in its plans.