The emerging market affiliate of Legg Mason has appointed investments staff in London and is looking to expand in Hong Kong, while adding further EM and Asia ex-Japan strategies to its stable.
Jin Liqun, chairman of the supervisory board at the Chinese sovereign wealth fund, takes a sledgehammer to the excesses of US financial regulation at a conference in Mumbai.
CEO Dominique Carrel-Billiard outlines plans to open a Hong Kong investment office for Axa Framlington, while relaunching Axa Rosenberg product around Asian strategies.
Asian asset owners will be key players in the development of a dynamic global system of collateral management, says BNY Mellon.
A new series of macro indices is launched to capture returns from asset allocation. Ability to customise means it may appeal to asset owners.
The regulator bans Yohichi Kumagai of Mitsui Sumitomo Insurance Company (Europe) over failings in a ruling that may deter Japanese firms from expanding into the UK.