London-based M&G has acquired responsAbility and a headcount of 200 while Allianz GI has created a private markets impact unit.
The departure comes as the German fund house cuts a layer of management in the multi-asset division globally.
Asset managers seek the right balance between automation and human intelligence, as robotics allow sweeping changes in the industry.
The German fund house has hired from JP Morgan Asset Management to fill the newly created role.
The German fund house has lured a senior product specialist from rival Manulife Asset Management, as the multi-asset hiring bonanza continues in Asia.
AllianceBernstein, Allianz Global Investors, Eastspring, Franklin Templeton, JP Morgan AM and Schroders are tipped to benefit strongly from their new awards under Taiwan's 'deep-cultivation plan'.
Changes at the top of Allianz Global Investors continue, with the global CEO making way five months after the firm announced a change in the Asia-Pacific leadership.
AllianzGI's institutional chief resigns; Nikko AM names new Asia head; Algebris hires portfolio manager; CBRE names asset services chief; and White & Case boosts private equity team.
The regional asset management unit of the German insurer is to announce a successor for Douglas Eu, who is relocating to the US after being promoted.
Europe's drive to assign a value on broker services is set to alter Asia's landscape, says Kent Rossiter of Allianz GI. He wants to see a central repository set up to solve the problem of paying for corporate access.
Allianz Global Investors has seen its regional head of compliance move to Natixis Global Asset Management, while Karina Tang has retired from Schroders after 18 years with the firm.
The head of the German firm's newly integrated alternatives group is hiring in Hong Kong and outlines plans to launch products.