AustralianSuper hires property head in London amid buildout; Cbus appoints first chief IT officer; Pictet opens Shanghai WFOE, names head; AMP Capital appoints Rebekah Swan as NZ head of clients; Milford AM names sustainable investment head, senior analyst; VC firm QED hires India/SE Asia head; and more.
AMP accused of undervaluing businesses in sale; China insurers' stock buying rules to be eased; HK MPF returns sour; NPS premiums likely to climb, GIC adds to board, and more.
Australian bodies urge postponing IFRS 17 implementation; Swiss Re, Temasek and others weighs Anbang investment; HK retirement system criticised; Dai-Ichi invests into cybernetics, and more.
Bringing in a European with a record of turning around businesses at the top may not solve the Australian investment and insurance group's credibility problem, say industry observers.
Assets under management were boosted by investor demand for infrastructure-related investing, AsianInvestor’s latest AI100 survey shows.
Despite strict regulations, lax corporate governance and a low qualification threshold for advisers are partly to blame for the alleged criminal behaviour at AMP.