Ashley Alder reappointed as head of Hong Kong's SFC; Savills IM hires new senior executive for pan-Asia investments; T. Rowe Price appoints new head of Australia, New Zealand distribution; HSBC Private Banking names new head of products, investments; NN Investment Partners hires EM debt head; SC Lowy adds Europe head and more.
Australian and Canadian pension funds suspend India deals; Insurers well capitalised for Covid-19 hit; Australia's CBA to sell 55% of Colonial First state to KKR; Chinese insurer solvency rates set to fall; Japan Post Bank seeks offshore CLOs; GIC in lawsuit over pullout from US travel group purchase; Taiwan's BLF postpones ESG bond mandate and more.
Lead equity PM and analyst exit AllianzGI; Western Asset hires Korea institutional head; PNB offers WFH as permanent option; BNY Mellon replaces Korea country head; Deutsche Bank hires first Apac ESG head; JP Morgan AM expands ETF team.
Australia's superannuation funds release A$6.3 billion in early release payments; CIC's head of multi-asset investing quits; Chinese intos allowed to buy bank debt-to-equity swaps; Malaysia's EPF approves RM1.66 billion in withdrawals; Korea's NPS buys into private assets; Taiwan's insurer investment yields to be stressed for up to 18 months and more.
Future Fund promotes CIO to CEO; Amundi relocates Vanessa Wang, names new Asia institutional chief; CDIB sets up structured credit team; Aberdeen Standard hires new Australia insto head; Fife Capital adds Asia property investment head; SingAlliance sets up HK unit and more.
Australian super members withdraw $834 million; HK Exchange Fund loses $11.1 billion in the first quarter; UK pension pool seeks China equity managers; HSBC buys out China insurance JV; Indian state pensions see AUM rise in April; SWFs to coordinate efforts to combat economic slowdown, and more.