Investment and finance executives say the city’s government may have damaged its image as a financial centre with its push to pass an unpopular extradition law.
Axa IM loses senior equity manager; Harvest grabs fixed income head from Manulife IM; Allianz names Asia life and health CEO; GAM adds Australia insto head; Aberdeen Standard hires investment specialist in Australia; HP Wealth expands team; East Capital internally promotes Asia head; Capital Group appoints marketing director; and more.
Pimco's head of South Asia departs; EFG Private Bank hires an Asia deputy head; Credit Suisse appoints a new head of China; MSCI appoints sales head for Australia and New Zealand; Natixis's head of Apac marketing leaves; Mercer adds Philippines wealth leader.
A solid track record and an international profile are among the factors named for David Park, the preferred prospect to lead investments at South Korea’s sovereign wealth fund.
Larger and smaller life insurers in Japan are looking to diversify globally to raise returns, but they face varying challenges depending on their particular circumstances.
The sovereign wealth fund is coming to the end of a three-year upgrade of its own technology. Its next plan? Another multi-year focus to embrace cutting edge solutions.
The firm has placed management of Asia fixed income under its emerging market debt team in London, soon after closing three global bond funds and reorganising its EM equity setup.
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