Beset by a lacklustre equity market, Indonesia's relatively buoyant bond market has become practically the only option for its yield-hungry domestic investors.
Karen Tan, head of investment solutions and managed solutions, Asia, at Pictet Wealth Management discusses current selection trends and how client preferences have evolved in recent months.
Strong member inflows to the social security fund are held in time deposits for a lack of alternatives. The investment team is building a case for a much wider mandate.
India's inclusion in a widely tracked emerging market debt index suite will also bolster the local currency's value against the US dollar, said HDFC Pension Fund Management's Sriram Iyer.
Blackstone names APAC head of private wealth solutions; abrdn's fixed income chief in Hong Kong leaves; Matthews Asia hires former DWS APAC CIO; Future Fund appoints additional deputy CIO; MFS IM hires institutional sales executive for Hong Kong from Fidelity; and more.
A Dubai-based senior executive who leads an outsourced chief investment officer (OCIO) business says it's time to hold large amounts of cash as the global economy is not out of the woods yet.
China Life Overseas and Manulife Asia will stick to pivoting portfolios towards fixed income assets into 2024 in preparation for a high-rate environment and evolving insurance rules.
As the market eagerly awaits the next policy move from the Bank of Japan, domestic life insurers are assessing their asset allocations, especially in local government bonds, while eyeing other strategies.