Spirit Super's chairwoman criticises 'pseudo-mergers'; India's NIIF investes $286m into hospital chain; Indonesia's new sovereign wealth fund commits to avoiding 1MDB's corruption problems; New Zealand Super appoints people for three newly created executive roles; Thailand's government prepares new pension fund for launch and more.
The new US president's focus on diplomacy and multilateralism could benefit emerging market equities and it could place a broader array of pressure on China.
Asian life insurers are more cautious than global peers about economic risks, according to a new survey. Some, including AIA and FWD, are seeking to diversify their risks in response.
The bank has promoted Michael Levin to run its asset management across the region as it sets out on expansion with increased focus on the segment.
Simon Flood exited the firm last week, having only taken up the role of regional CEO in August. Axa IM said it was for personal reasons. His replacement has already been lined up.
The shortage of relationship managers has become acute against increasing client wealth over the past five years, writes Scorpio Partnership.