Gam loses Asia intermediary sales head; Schroders hires in private bank sales; Somerset Capital poaches China duo from Dymon; RBC Wealth hires two fixed income experts; HSBC PB raids Citi for Apac credit advisory head; ESR adds investment manager in Shanghai; Omfif names new Apac head; TMF names China/Taiwan fund services head and more.
Amid global growth in fixed income ETFs, RMB bond index funds have shown rapid growth in the past three years. By the end of June 2020, there were 133 domestic bond index funds with a total value of ¥455.5 bn in China - 23 times greater than in 2018 - and 27 overseas-listed RMB bond ETFs with a total value of ¥53.6 bn, 99% of which comprised Chinese government bonds and policy bank bond ETFs.
Regional investors were more bullish than their global counterparts in October, although they remain overall cautious, according to the State Street Investor Confidence index.
Eight years of AsianInvestor data on the region’s leading institutional investors reveals which asset owners are growing the fastest.
AsianInvestor has launched its seventh annual Institutional Excellence Awards. We welcome submissions from outstanding asset owners, and nominations from third parties.
Australian supers face more scrutiny on climate and infra investments; China to add up to $3b quarterly to QDII scheme; Indonesia to launch new SWF in January; Japan's GPIF leads pensions to raise US dollars from Chinese holders; Korea Post looks to sell insurance unit; Taiwan's BLF awards $2.3b sustainable bond mandate and more.
One week away from the US presidential election, investors and experts believe a likely Biden victory would mean more negotiation and potentially a weaker US dollar.
The Philippine insurer has also raised its cash holdings amid fears of a lingering impact from Covid on the local economy and stock market, says chief investment officer Arleen Guevara.
Federated Hermes adds Asia, Australia/New Zealand sales heads; Eastspring, Nomura AM, Aberdeen name new Taiwan chiefs; Peak Re hires first chief economist; CBRE names HK investment property head; Campbell Lutyens appoints senior adviser in Singapore; and more.
Aberdeen Standard Investments' head of Asia Pacific on how crises and consolidation have affected the investment industry and why his firm first chose Singapore as its regional base.
Wealthy families are setting up secondary offices in Singapore to diversify their exposure to risks, particularly in Hong Kong, and to avoid areas being badly affected by the pandemic.
Mercer CFA Institute's Global Pension Index 2020 report shows retirement systems in Australia, China, Hong Kong and Malaysia performed worse than global peers this year.
Ping An raises $875m for two funds via subsidiaries; Dai-Ichi Life invests $100m into renewable power fund; Korea Post to hire two managers for US corporate bond mandate; NPS and other Korea pensions to begin buying stocks again; Temasek, Goldman Sachs buy into maker of fake meat; Former LTAT CEO eyes top jub at Kwap; Taiwan's PSPF sees investment income fall 65% over eight months and more.
A new Invesco study finds a lack of consensus around terminology among some of the challenges facing institutional investors implementing factor-investing in fixed income.
Regional asset owners are eager to invest more funds into data centre-focused funds. Several specialist managers are launching new vehicles to take advantage.
The region's insurers will need to navigate a combination of an influx of new capital rules and accountancy changes as they seek to invest their growing portfolios.
The IMF has called for greater investment in infrastructure. We asked experts about what investments may arise heading into 2021, and whether they would appeal to investors.
The increasing transfer of wealth between generations is could set the stage for increasing family office interest in ESG and sustainability.
Sales of ETFs to Asian institutions continue to grow, but most are looking to international products. The region's regulators need to cut the rules limiting ETFs to grow, say experts.
Institutional investors still believe private asset investing comes with extra challenges, but that the diversification and return benefits make it worth their while. A recent Schroders survey identifies notable increases in interest for real estate debt, infrastructure equity and insurance-linked securities.