Future Fund's head of private property departs; HSBC global cuts to affect Asia; FTSE Russell names first Asia sustainable investment chief; Savills appoints Malaysia head of asset management; BNP Paribas AM's EM debt head exits; SingAlliance poaches from BNP Paribas; and more.
But while Morningstar sees the bond house as the "strength" of Franklin Templeton's takeover of Legg Mason, the merged firm may be vulnerable to competition from index fund managers.
The fund industry’s latest mega-takeover has big implications for the two firms and for their clients in Asia. AsianInvestor looks at issues that the deal raises.
Former M&G exec starts as CEO of new PE firm; SSGA names Apac head of ETF sales; Axa IM makes investment and sales hires; JLL adds Japan hotels team head; Intertrust opens NZ office; Bank of Singapore appoints North Asia wealth planning head; and more.
Reflecting on how best to use his experience, former hedge fund industry guru Paul Smith wants to help investors improve how they deploy money, and talks "purposeful capitalism".
Prudential names new Singapore CEO; MS Amlin replaces Asia chief; Pimco loses sales trio in HK; Principal Financial appoints new division heads in HK; Gam hires distribution manager in Australia; Colliers names new Apac CEO; East Ventures names adviser.
A period of looming inertia as the sovereign wealth fund seeks a new leader could raise pressure on the government to draw down on some of its assets.
The insurance firm is handing more autonomy to its individual country CIOs and seconding its regional CIO to Eastspring in Singapore, as the changes continue at UK group Prudential.
The $70 billion US fund is shutting its Asia branch after 12 years, following the exit of its regional private investment head and public equities team and amid China-US tensions.
Willis Towers Watson's head of MPF advisory services quits; Kiwi fund house hires AustralianSuper manager; T. Rowe Prices names Australia-based portfolio specialist; former Pictet managing director joins Singapore family office adviser; law firm Akin Gump relocates two lawyers to Singapore office.
The French fund house is expanding institutional client coverage, says its Asia head, citing business growth in segments such as insurance and superannuation funds.
Pimco names new head of client management for Asia Pacific; Sun Life appoints general manager for financial affairs in Hong Kong; Standard Chartered Private Bank poaches senior client partner from UBS; JLL appoints head of capital markets and hires a chief information officer for Australia; Noah International adds chief business development officer and more.
Barings's Asia CEO retires; Northern Trust's head of Apac sec lending exits; M&G hires Asia distribution head from Eastspring; Schroders names Taiwan chairwoman; Deutsche Bank WM makes senior appointments; Golden Equator sets up Brunei branch; and more.
The French asset manager has appointed a new head of its China business, as competition in the country's asset management industry continues to heat up.
EPF names new CIO, strategy head; Invesco hires A-share quant specialist; Vanguard's Asia chief exits and its China portfolio review head switches to Ant Financial JV; Aberdeen Standard replaces insurance head; T. Rowe Price hires Asia consultant relations head; Credit Suisse picks up former Deutsche investment executives and more.
The head of the fund house's China/Hong Kong equity desk and the lead Hong Kong equity fund manager have left, with potential implications for clients' investments.
Brightsphere Investment names new Asia head; Value Partners rings more changes in sales team shake-up; Natixis IM's China head to relocate to Paris; CIC switches CRO to new role; Allianz RE hires Apac head of acquisitions; and more.
Schroders cuts to affect Asia; SSGA's Asia head of portfolio strategists exits; BNY Mellon IM Greater China insto head departs; Korean hedge fund closes HK office; Ping An AM CIO moves on; China Everbright CIO departs; M&G sets up Asia credit origination team; Aberdeen Standard HK/China marketing head to exit; and more.
Aberdeen Standard's equity investing process in Asia is changing as it ups its China exposure and the team sees high turnover, raising questions for allocators, Morningstar says.
The $73 billion public pension fund continues its steady buildout in Singapore by poaching an executive from private equity giant Blackstone.