The US firm’s new Asia head of hedge fund services targets expansion in Hong Kong and Singapore, citing increased demand from Chinese clients and growth of alternative Ucits products.
Nikko AM creates product promotions role; ICBC Credit Suisse AM appoints index head; JP Morgan AM poaches Asia marketing chief; Sunsuper replaces CIO; ANZ sets up specialty funds post; SG names Asia prime services head; and HK's SFC appoints non-exec directors.
Globally private equity firms are handing out higher performance bonuses, but Asian general partners are said to still pay significantly less in bonuses than their international peers.
A panel of private equity investors also discussed the implications of a shift towards direct deals in preference to co-investment, with Australia's QIC tipping greater dispersion of returns.
The alternative investment firm's co-chairman is tipping more distressed opportunities in China off the back of an expected rise in defaults. It has also been raising money from mainland investors.
The asset manager is considering launching Ucits liquid alternatives products and looking to tap what it sees as growing institutional demand for alternative beta.
Rest Super names two new investment heads; BlackRock names co-heads of sustainable investment for Apac; AIA appoints Cambodia chief; Barings names head of institutional sales for Greater China and SE Asia; MUFG hires Asia head of ESG finance; and more.
Swiss Re hires head of China asset management business; BlackRock deregisters its China WFOE; DWS names head of Apac insurance coverage; Amundi appoints first Asia sustainability officer; Manulife IM appoints senior portfolio manager for asset allocation; Morgan Stanley IM hires portfolio manager for A-shares; and more.
The Canadian and Korean asset management operations of two life insurers have agreed to jointly take advantage of rising institutional investor demand for Asian alternative assets.
The two investors' new JV underlines Temasek's commitment to carbon neutrality, but other sovereign wealth funds are unlikely to follow with their own venture capital investments.
De-risking and green securitisation will help unlock much-needed institutional capital for sustainable infrastructure projects in Asia, say executives at multilateral development banks.
The Hong Kong-listed shares of mainland companies should receive more interest as Chinese pensions and global investors seek to benefit from relatively low valuations.
Special purpose acquisition companies (Spacs) have gained ground as financing vehicles for companies looking to go public. But Asian family offices have yet to make many investments.
The Canadian pension fund is transferring a senior portfolio manager from Singapore with a view to expanding and internationalising its capital markets team further.