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.
Regional investors were more bullish than their global counterparts in October, although they remain overall cautious, according to the State Street Investor Confidence index.
The Chinese sovereign wealth fund believes co-investments can effectively expand its investment pipeline but is looking outside the US for fund vehicles or direct investments.
The Taiwanese state pension fund is inviting fund houses to submit proposals for two major five-year global mandates, as it looks to raise alternatives and rotate out poor performers.
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 building society's defined benefit fund will be relying more on private credit for returns as it de-risks and moves into payout mode, says its chief investment officer.
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.
After pouring nearly $15 billion into European property in the 15 months to March, Korean investors are apparently being put off such assets by relatively high prices and lower returns.
Pent-up demand among Korean asset owners for overseas property is resulting in a rush for logistics deals, but there is less interest in office assets, even in prime locations.
The largest retirement funds in the Netherlands and South Korea have formed a landmark partnership to focus on real asset mega-deals. Their investment heads tell AsianInvestor why.
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.
Taiping Insurance appoints new chairman; Etiqa replaces Singapore chief; Nuveen appoints Japan real estate head; Vontobel opens Singapore office; Aquila Capital names Apac CEO; Neuberger Berman adds new RM; Ocorian poaches fund services trio from Apex; Northern Trust replaces HK client services head; CSOP sells FO business to Carret Private and more.
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 state-linked fund manager’s foreign real estate holdings are largely in the UK, but that is set to change. It recently bought logistics assets in Poland and is eyeing other locations and segments.
US asset owners seeking diversification and returns in a low-yield environment will find it hard to disregard Chinese deals such as the mega Chinese IPO, despite political tensions.
The US dollar is currently strong, but economic weakness, minimal rates and a large and rising debt burden could cause it to weaken. How will that affect how asset owners invest?
The $34 billion public fund plans to invest up to $850 million into opportunistic private credit mandates in a drive to ramp up its illiquid asset exposure.
The country's latest plan to merge the two foreign investment schemes could raise protective instruments and demonstrates its commitment to opening up, say observers.
Insurers in Asia would like to originate their own direct lending deals – as UK group Legal & General does, for instance – but that is easier said than done.
Cbus appoints investments COO; Super-backed biotech firm develops Covid-preventative treatment; AIA hedges against equity volatility; SWFs continue deal-making; Japan's GPIF keeps buying warily into real estate; LTAT of Malaysia's chief leaves under mystery; GIC awards A$400m property portfolio mandate; Mubadala buys 5% of Silver Lake; and more.