Northern Trust plans for Asia hedge fund growth
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.
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Weekly roundup of people news, Nov 13
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.
Asia still lagging on private equity bonuses
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.
PE co-investment outstrips funds: QIC
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.
Oaktree hunting China distress, Asia JVs
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.
Columbia Threadneedle in alternatives push
The asset manager is considering launching Ucits liquid alternatives products and looking to tap what it sees as growing institutional demand for alternative beta.
