The two Canadian funds are fast ramping up headcount in Asia. Ontario Teachers’ Pension Plan has even set up another branch and hired a regional head of infrastructure from its rival.
Having secured a dealing licence in Hong Kong last year, Canada's biggest pension fund is considering locating traders in Asia. It has also added an equity investment head in India.
Mark Konyn, CIO of AIA, is concerned that complacency among Asian governments and regulators may lead to China dominating the region's capital markets.
The Swiss family-owned financial services firm has set up in Singapore, with Alston Beinhorn in charge of asset management operations.
Dean Lockhart shifts to Singapore and Nigel Pridmore relocates from London to Hong Kong.