China creating a new billionaire every week
The number of billionaires in Asia will outstrip the US within 10 years, says UBS and PwC in a new report. It comes after a new billionaire was created every week in China during the first quarter.
Tag : billionaire
Follow Us
Top news, insights and analysis every weekday
Sign up for
ASIANINVESTOR BULLETINS
Most Read
DWS whistleblower says greenwashing is widespread
In new statements on the extent of greenwashing in the fund management industry, Desiree Fixler highlights some uncomfortable truths about sustainable investing.
Funding gap persists in Asia Pacific even as funds pour into private credit
Private credit might be less attractive than it was last year as investors rush into the market, but there are sweet spots to be found.
KIC to expand ESG and alt teams with 22 new hires
The hiring spree for 22 newly created positions is the largest by the Korean sovereign wealth fund since 2015. The new program includes 15 investment management openings.
Weekly roundup of people news, Sep 17
Kwap property arm appoints CEO; VFMC names new CEO as Lisa Gray retires; MSIG Singapore promotes Mack Eng as CEO; Monroe Capital opens first Asia office in Seoul, hires head from Aberdeen; Vanguard Australia appoints new MD to relocate from US; HSBC AM expands EM debt team; Vantage FX hires from CGS-CIMB in Singapore; and more.
Wealth Connect to further boost China’s $18 trillion asset management industry
Under the Wealth Connect scheme launched on Friday, both mainland and Hong Kong markets are expecting higher capital flow between the two regions.
Why family offices are beginning to pivot to ESG and high-tech
When it comes to family offices, the generations don't always see eye to eye. For the younger generation, ESG concerns and tech plays are beginning to predominate.
China's Bond Connect expands to include southbound trading through Hong Kong
The enlargement of the Bond Connect scheme, announced on Wednesday (Sep 15), gives Chinese investors another option for allocating capital offshore.
Weekly roundup of people news, Sep 10
MAS names sustainability head; Malaysia’s EPF appoints COO and CFO; GIC PE head for SEA leaves; State Super hires new exec; Hesta appoints chief growth officer, chief Debby Blakey appointed to corporate governance board; ex-BlackRock exec joins IQ-EQ in Singapore; HSBC AM builds direct real estate team; ex-Vanguard head of distribution joins LGIM; Sanne names Singapore head; and more
Samsung Life aims to have 50% of its infrastructure portfolio overseas by 2025
Its head of infrastructure revealed the insurer’s asset allocation targets at AsianInvestor’s latest Private Assets Investments Week
Korean fund giants KIC and NPS to ramp up ESG stewardship on overseas investments
Korea Investment Corporation (KIC) and the National Pension Service (NPS) plan to enhance overseas voting rights and mandatory ESG filings for overseas companies.