Moves

The embattled asset manager's Asia head of insurance coverage is moving on after other senior changes at the recently merged group.

JP Morgan Asset Management's highly respected Asia chief is to head the North American business of UK insurer Prudential. The US firm is tipped to name an in-house replacement.

Michael Falcon is moving to a North American role at the British insurer after eight years at the US asset manager.

Eastspring adds to multi-asset team; Value Partners sets up Malaysia office; Investec names Greater China head; M&G relocates duo to Asia; HKVCA appoints new chairman, and more.

The Hong Kong retirement industry veteran explains the reasons for his departure and says he is open to opportunities in Asia's private pension sector.

The former Asia head of Merian Global Investors – formerly Old Mutual Global Investors – has just joined the Chinese asset manager.

The huge pension fund has finally found a chief investment officer after much speculation, and is seen as being more active in seeking asset managers for new portfolios.

Malaysia's Sosco names new chairman; QSuper CIO set to retire; AllFunds makes three key hires in Singapore, Aberdeen Standard Investments makes Japan hires; eVestment appoints Apac sales head and more.

Matthews Asia hires new Asia sales head; PGI sets up fixed income team in Asia; HSBC PB hires five in products team; BNP Paribas WM makes wealth planning hire; Colliers recruits Malaysia specialist; Fidelity's VC arm opens in Singapore, and more.

CPPIB's Lee named Asia chair for alts standards body; regulator Chen takes NCSSF role; PGIM names real estate PM; Capital Group hires in intermediaries sales; Nikko AM sets up sustainability dept, and more.

State Street names head of global markets for Apac; Natixis adds structuring specialist; JPM AM adds in ETFs, hedge funds; LGIM appoints Japan client solutions head; HK SFC names chairman, and more.

The asset management arm of China’s second-largest life insurer is focusing more on model-based investment for listed equities, as interest in such strategies looks to be growing.

The US fund house’s hire of Lindsay Wright is seen as necessary to help expand its instutional client base in Asia. Global business development head Jonathan Schuman spoke to AsianInvestor.

Lindsay Wright's new role; Citi hires in ETFs, custody and fund services; Man Group names Korea head; Deutsche WM hires for South Asia business; Lombard Odier recruits MD in Singapore, and more.

China's third largest insurer has tapped the Hong Kong-based rival firm to appoint a group chief investment officer, which is understood to be a newly created role.

Most of the fund house’s emerging market equity investment staff are moving on as it takes steps to rationalise its product lineup.

The fund house has created the new position with a view to more comprehensively tapping rising institutional demand for alternative investments.

Capital Group adds two intermediaries heads; Citi hires former Fullerton AM COO; Stanchart appoints South Asia PB market head; CreditEase names head of new overseas unit; Partners Group replaces co-CEO, and more.

Barings appoints heads of Apac, Greater China; State Street names insurance services chief; PGI loses N. Asia client services head; DWS appoints alternatives CFO/China COO; HSBC PB to add 120, and more.

Bringing in a European with a record of turning around businesses at the top may not solve the Australian investment and insurance group's credibility problem, say industry observers.