Thailand

Pimco's Greater China head to step down; fixed-income fund manager leaves Pimco for GIC; Omers hires principals in Singapore; MLC Life Insurance appoints GM for retail insurance business; AIA adds ESG head; Mercer hires China leader from Ping An; JP Morgan AM's Australia head to retire; Credit Suisse promotes Greater China CIO; and more.

AsianInvestor is pleased to reveal the winners of its annual Asset Management Awards. For our third day, we reveal the standout fund managers in each major Asia market.

Boe Pahari to leave as AMP Limited demerges; Temasek backs Indonesian telemedicine startup; Korea Post and GEPS looking to hire fund managers; GIC and Sequoia India co-lead funding for Razorpay; AustralianSuper appoints senior manager of portfolio strategy; Thailand's new pension fund to draw $1.7 billion; Taiwan fines fund houses over BLF bribery scandal; CPPIB doubles investment in Korean logistics JV

NZ Super promotes Joe Halapua to manage local equities; MLC Life hires CFO; Khazanah names former EPF executive for private fund investments; head of capital management; Citi aims to hire 2,000 in Asia wealth management ramp-up; HSBC makes distribution and digital wealth banking promotions; Vice-president of China's social security fund departs; and more.

The disease did not greatly impact the investing habits of the ultra-rich, but is driving them to consider more investing guidance, sustainability and succession planning, says a new study.

The three investment organisations have been investing into internal technology and data through the pandemic period to become more efficient and spot investment possibilities.

The secretary general of Thailand's biggest pension fund explains how technology and data are transforming its operations in a webcast hosted by AsianInvestor.

Insurers from the country face increasing risks in the local equity market, but they may have to take them with fixed income returns set to diminish further due to a lower interest rate.

In the second part of our top fund managers by market explanations, we reveal why we chose half of this year's fund manager by market winners.

We describe why each of this year's top fund managers by Asia market stood out from their peers.

Thailand's leading state pension fund is seeking to boost returns through more diverse investing and partners, as it prepares for an upsurge in retirees.

Thailand's leading pension fund has been increasing the size of its internal investment team and will add more personnel, said Man Juttijudata, assistant secretary of risk management.

The insurer plans to further diversify its exposure using overseas ETFs, amid the global market rout and after the recent raising of the offshore allocation cap.

With active funds failing to impress in the current bear markets, regional institutional investors look set to keep relying on passive funds – with the odd exception.

The nation’s regulator aims to develop and expand the local ETF market further but has its work cut out to solve the problems constraining asset owner involvement.

The second-biggest insurer in Thailand has developed an in-house artificial intelligence project for the investment risk team to help identify alpha in the local equities market.

Thailand’s Government Pension fund is contemplating teaming up with pension funds from other countries as it continues to ramp up its exposure to alternatives investments.

A surprise doubling of the overseas allocation limit to 30% and lifting of the ban on private equity investment are welcome changes for increasingly yield-starved Thai insurance firms.

The country's retirement funds must embrace a broader array of investments, including alternative assets, if they are to meet the needs of their fast-aging population.

The country should make private pension schemes more popular to ensure its population saves enough for retirement. Plus existing funds need to update their investing and products.