GIC appoints 10 new MDs to global leadership; M&G hires fixed income head for Apac; HSBC hires UHNW global head from Citi; Credit Suisse appoints Apac asset management head; Macquarie AM hires chief sustainability officer; and more.
The number of millionaires in mainland China grew by 35% in 2020, while the number of millionaires in Hong Kong fell by 7%, according to a new report from the private bank.
A survey of over 300 institutional investors by Credit Suisse reveals they are seeking to access emerging markets via hedge funds, particularly China.
Bringing in a European with a record of turning around businesses at the top may not solve the Australian investment and insurance group's credibility problem, say industry observers.
Weaker growth numbers and high equity valuations could lead more foreign investors to trim positions amid some profit taking, say market experts.
Electronic platforms such as Credit Suisse’s new launch will need to cope with the sophisticated products that wealthy investors will want, say industry experts.
It may be time to book profit in mainland equities amid slowing economic momentum and tighter liquidity conditions, despite MSCI's decision to include A shares in its EM indexes.
Aberdeen and Franklin Templeton have just added senior hires in the region, while Credit Suisse Private Banking and Schroders have seen recent departures.
APS, Credit Suisse, Value Partners and Invesco have set up onshore entities in China in the past three months. But they face various hurdles in registering as private fund houses.
Today we unveil the fund houses ranked 51st to 75th by Asia-Pacific AUM in our annual survey. Nine of them were US firms, with Janus Capital posting particularly strong growth.
The asset manager has appointed a dedicated head of third-party distribution for Asia ex-Japan, with a focus on private bank coverage, AsianInvestor can reveal.
Falling interest rates should be good news for India's prospective new asset class – infrastructure investment trusts – as long as issuers price the first few deals to perform.