China Orient AM International loses equities head; Pictet AM's China bond team sees changes; Macquarie Infra and Real Assets hires from Invesco; Varde designates Singapore-based co-CIO as CEO; Rothschild closes Asia wealth desk, regional head resurfaces; and more.
China Investment Corporation posts 17.6% return; Deutsche Bank investigated for links to 1MDB; Temasek seeks to extend healthtech platform in India; Taiwan life insurers ravenous for fixed income ETFs; Saudi SWF takes out an $11 billion loan, and more.
Sovereign wealth funds in Asia and the world are more cautious about private assets and looking to target their holdings more carefully, according to the IFSWF.
Axa IM loses senior equity manager; Harvest grabs fixed income head from Manulife IM; Allianz names Asia life and health CEO; GAM adds Australia insto head; Aberdeen Standard hires investment specialist in Australia; HP Wealth expands team; East Capital internally promotes Asia head; Capital Group appoints marketing director; and more.
Australia's AMP Super told to change business practices; China creates new technology investment board; Korea's direct overseas investment hits record in the first quarter; KIC hires new CIO; New Zealand's Fidelity Life appoints new COO; and more.
Asset owners and fund managers gathered at the annual AsianInvestor 14th Asian Investment Summit on May 21 and 22 to learn about the latest investment trends in Asia.