Heman Wong quits HK pension body, eyes new role
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.
Hong Kong
HK confirms scrapping of MPF offset mechanism
The controversial mechanism within Hong Kong's Mandatory Provident Fund scheme is to be removed by 2024. This is seen as good news for pension savers and asset managers.
Ping An AM hires Carol Wong to build insto business
The former Asia head of Merian Global Investors – formerly Old Mutual Global Investors – has just joined the Chinese asset manager.
How HK could funnel investors into China green finance
Hong Kong's seeming indifference to environmental, social and governance principles could rapidly shift to heavy engagement, courtesy of China's rising interest in green finance.
HK’s new framework for green finance explained
By raising ESG reporting standards and developing more green investment products, the city regulator hopes to minimise "greenwashing" and lift investor interest in the sector.
Julius Baer hires new fund gatekeeper in HK: sources
The Swiss private bank is understood to have lured an executive from BlackRock to succeed Johann Santer, who joined Fidelity International last month.
AI300: Greater China, Australia head mid-tier asset rise
Government initiatives, strong equities returns, and acquisitions were some of the key drivers to AUM growth for asset owners in Australia, China, Hong Kong, and Taiwan.
HK Exchange Fund to stay prudent after woeful results
The HKMA warns that the global investment environment will become more challenging in the second half of the year, after posting an investment loss of HK$7.7 billion in the last quarter.
T. Rowe Price raids rivals for Asia buildout
The $1 trillion US fund house is fast adding staff in Hong Kong across investment and sales, as other asset managers consolidate or retrench in the region.
Alexa Lam hiring “coup” to boost fund lobby in Asia
The former deputy head of Hong Kong’s securities regulator will join ICI, in a move tipped to increase the investment industry trade group's influence in the region.
HK SFC asset management survey hints at crash fears
Hong Kong continues to expand as an investment management centre, shows data from its markets regulator. But the annual survey also suggests investor caution is rising.
How HKMA will manage HK’s new annuity investments
The central bank opened its HK$10 billion life annuity scheme for registration today, and will use several of its divisions to invest the premiums and manage the risks they incur.
Market Views: How HK’s MPF system should change
The MPFA is set to review contribution level amounts in July, as well as propose other measures. We asked four experts where they feel reform is most needed in the MPF system.
Capital Group insto head leaves for Lazard AM
Lazard Asset Management has hired an Asia veteran to look after regional distribution. He comes from rival Capital Group, amid other changes at the latter firm.
Lindsay Wright exits BNY Mellon
The US firm’s investment management arm sees its co-head of Asia-Pacific and regional head of distribution move on.
India pilots scheme for women in AM as HK lags region
A pilot project to give young women the chance to apply for internships in India is to be taken as the basis for a wider global roll-out, backed by of some of the world’s largest asset owners.
BNP Paribas Cardif Life raids Axa for Asia CIO
Gregoire Picquot has switched insurance firms, with Axa Asia CIO Boris Moutier understood to have assumed an expanded role.
Photos: Asset Management Awards 2018
Leading asset managers and service providers from across Asia gather in Hong Kong to celebrate the best in the industry.
Asset Management Awards
The cream of Asia's asset management industry gathered in Hong Kong to honour outstanding achievements.
Still positive but pace slows in 2018 for Asian local currency bonds
Yields and improving fundamentals indicate the Asian local currency bond market is well placed in 2018 according to State Street Global Advisors.
