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.
Capital Group names new Japan president; Robeco replaces Singapore chief; Hillhouse Capital hires ex-Blackstone MD; Vontobel expands EM debt team; HSBC Global AM names Apac ETF sales head; Manulife creates new digital business role; Stanchart names CIO for wealth management; TMF appoints fund services exec in Shanghai; and more.
The Korean public pension fund has split its global public market division and will hire 38 personnel across divisions as it looks to drastically increase overseas investments by 2025.
Experts say the country's debut sovereign wealth fund needs full investing independence to attract international assets, but this appears unlikely according to current plans.
The number of lenders reducing their Asian exposure is seen to be growing fast amid the coronavirus crisis, leaving asset managers keen to fill the financing gap.
JP Morgan AM hires Asia head of investment stewardship; Hines appoints Asia CIO; JLL names new India CEO; William Blair IM hires Asia sales head; Colliers appoints new Australia chief; Fidelity moves into private credit; Broadridge adds Apac COO; Nomura adds 20 private bankers in Hong Kong and Singapore and more.
Private assets continue to attract capital as investors seek better returns. While private markets can continue to deliver, they will increasingly rely on hard-to-access areas and specialist skills, says Georg Wunderlin, global head of private assets at Schroders.
Taiwan’s state pension fund has pledged to regulate external managers more strictly after the bribery scandal, but the additional red tape could turn away some fund houses.
The past year has seen something of a growth spurt for green bonds, with the market heading toward the $1 trillion milestone, according to data from the Climate Bonds Initiative and Bloomberg. It has also seen the emergence of social bonds, used for social investments with aims such as expanding access to healthcare and education. As well as significant government bond launches, there has been increased issuance from the corporate sector and from a wider range of businesses and industries.
In a recent webinar, AsianInvestor spoke to top experts on emerging market (EM) corporate debt to get a better sense of the opportunities, risks and rewards that investors should be familiar with. To continue the conversation, we followed up with panelists to further explore some key issues.