Hong Kong

AsianInvestor identifies 20 individuals who made a real difference among asset owners over the past 20 years. We focus on Clara Chan, CIO for private markets at HKMA, and Kevin Bong, director of economics and invesment strategy at GIC.

AsianInvestor picks 20 individuals who have helped guide the region's asset owners to greater sophistication over the past 20 years, in no particular order. We begin with Mark Konyn of AIA and Paul Costello, formerly of NZ Super and Future Fund.

Regional life insurers will seek to reweigh their portfolios to seek out sufficient returns in the low rate environment, reduce duration gaps and adapt to new capital rules.

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

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

The impact of Covid-19 has caused volatility in equities and a collapse in interest rates across many countries. To secure decent returns, pensions and insurers will need more alternatives.

The SAR's central bank and industry leaders tell AsianInvestor that reports of Hong Kong's demise have been greatly exaggerated.

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.

A new series of articles for AsianInvestor's 20th anniversary focus on major investment undercurrents. First is the need for the region to build pension fund assets and returns.

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.

Hong Kong’s limited partnership fund bill passed on July 9, but it faces many problems if it is to succeed, including inertia and potentially the city's controversial new security law.

The only cross-border flows into Hong Kong commercial property this year have come from China, while local investors have been buying more overseas real estate, amid the recent turmoil.

The national security law looks set to forever change how the Asian financial centre functions, and not in a good way. Candour is set to diminish, and social tensions may rise.

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 territory's office real estate market looks unlikely to rebound for some time to come, given a mixture of ongoing coronavirus effects, hoarding owners and political unrest.

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.

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.