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.
The firm says a review of client investment priorities has led it to globalise its equities focus, hastening the departure of its Asian equities team.
A top-level reshuffle at the fund house – which has led to the exit of CIO Mark Beardow – will see Anthony Fasso return to Australia and help look for M&A opportunities for the firm.
Overly burdensome rules are hindering investors rather than protecting them, argue AMP Capital's Kerry Ching and Blair Pickerell, formerly of Nikko Asset Management.
The country's biggest asset owners will raise their allocations to infrastructure and property, reflecting a rising regional trend. Fund firms such as BlackRock are responding accordingly.
The volume of Asian infrastructure deals has hit record levels and is set to grow yet further with the advent of the Asian Infrastructure Investment Bank and other similar projects.