The insurance investment veteran has joined Hong Kong start-up Coherent Capital Advisors, which runs databases for insurers related to asset allocation and regulations, among other things.
The fund house’s head of insurance relationship has left and will not be replaced, amid a tough environment for the industry. Hong Kong head Au King Lun also moved on last month.
Eastspring Investments has hired Andy Yang from the Hong Kong-based insurer to fill a newly created role as head of insurance relationship.
Deutsche Bank's funds arm and Harvest Global Investments are set to list the first overseas RQFII ETF this week, in what is seen as a breakthrough for the RQFII model. And others will follow suit.