Moves

Canada Pension Plan Investment Board hires Asia head of relationship investments; DBS Private Bank's head of fund selection to leave; Citi Private Bank appoints head of India investment products; Raffles Family Office names Greater China head; Ninety One relocates fixed income fund manager; First State Investors names non-executive director, and more.

Jin Liqun is re-elected to a second term as president of AIIB; Franklin Templeton confirms new CEO and restructures Apac management team; Cbus names new CEO; Manulife names general manager for Asia emerging markets; AllianzGI builds out multi-asset team in Asia Pacific, and IQ-EQ hires business development director.

As the Hong Kong Monetary Authority rotates senior staff roles, its $541 billion Exchange Fund has rebounded strongly from a first-quarter investment loss.

American Century appoints new Korea sales head; JP Morgan names Japan head of investment stewardship; Schroders replaces global real estate head; Morningstar names head of sustainability research for Emea and Asia Pacific; Manulife rings changes in Hong Kong; and more.

The appointment will take effect on August 8, with Torres set to retire and return to Europe after 23 years with the group.

Dimensional appoints new Asia chief; HSBC Global AM adds China equity heads; SimCorp hires Apac data management sales head; Alvarez & Marsal adds restructuring MD; Credit Suisse names Thailand wealth head; Clifford Chance replaces Asia Pacific head.

A long-serving Franklin Templeton executive will lead the combined entity in the region once the Legg Mason acquisition is complete. But the appointee has come as a surprise to some.

Industry executives give their views on whether rival financial centres will be able to draw financial firms and investors away from north Asia's premier financial hub.

Having secured a dealing licence in Hong Kong last year, Canada's biggest pension fund is considering locating traders in Asia. It has also added an equity investment head in India.

The Hong Kong-based fund house's president has become the latest in a procession of senior executives to depart over the past three years.

KIC reshuffles leadership team; BlackRock Alternative Advisors' Asia head exits; Denise Ying leaves Franklin Templeton's institutional team; Muzinich adds private debt duo in Singapore; Natixis IM names HK, Macau institutional head; Merian confirms departure of North Asia sales chief; Minority AM sets up in HK; and more.

Malaysia's PNB appoints new CEO; Hong Kong's SFC moves office; Ping An Insurance adds third co-CEO; Principal Global Investors adds new head of North Asia institutional sales; JP Morgan AM names retail distribution head for Hong Kong; Sanne appoints business development heads in Asia; SC Capital hires head of investor relations.

The Hong Kong-based insurer has hired from rival Generali to fill the newly created role, having rapidly expanded its investment portfolio with several recent acquisitions.

The firm is set to fill the vacancy left by Mandy Chan with a hire from BNP Paribas Asset Management, which is promoting internally to cover her departure.

The Dutch firm has appointed its first insurance coverage specialist in Asia as well as a new institutionally focused Korea sales head and client portfolio manager for quant strategies.

WTW hires American Century's Korea saleswoman; CIC sees executive VP exit; Knight Frank hires Singapore advisory duo; Deutsche taps HSBC for SE Asia wealth head; family office Kamet adds seven; Capital Group appoints sales duo; BNP Paribas WM structured investment head exits.

PNB chief steps down, citing harassment; Barings hires first Asia property head to build new platform; AMP Capital names new CEO; ex-Value Partners exec joins HeungKong Financial; Brian Lou will run new UBS China bond fund; MSCI raids JP Morgan for Greater China head; Credit Suisse appoints heads of onshore China and of Asia Pacific trading; and more.

Having shrunk its active equity and alternative investment teams, the asset management arm of Prudential Corporation Asia is increasing its focus on passive strategies.

Fidelity poaches wholesale exec from Legg Mason; CDIB Capital hires PE specialist from Ping An; M&G appoints new Asia head of institutional; Bank of Singapore adds new global head of products and a new chief economist; Haitong hires ex-SSGA exec as MD for ETFs; Ashley Alder appointed for third term as Iosco chair.

The bond fund manager does not plan to replace him. It has seen several senior-level hires and departures in the region in recent months.