Banks cannot provide as wide a range of services as in the past, say family offices, which are having to broaden their range of counterparties as a result.
Multi-family offices question the independence of private banks, but say they are losing the battle for mindshare because they don't have the same sort of marketing budget.
The use of private banks by Asian family offices is set to shrink in the next few years, say FO executives, who concede they themselves face significant challenges.
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The Dutch pension asset manager's Asia Pacific head of real estate says his team has just had one of its busiest years ever and that 2021 is looking similarly promising.
The Canadian pension fund aims to more than double its regional infrastructure investments by 2026, particularly in renewables, data centres, fibre networks and satellites.
ESG is no passing fad, as more investors are convinced that alpha can be found in ESG and regulators continue to introduce rules to lift ESG standards.
Five asset managers get mandates from the Monetary Authority of Singapore that will see them setting up sustainability-focused operations in the city-state.
Sunsuper and QSuper appoint CIO for combined entity; State Street appoints heads of HK and Taiwan; Nothern Trust rebuilds Apac team; Manulife IM names emerging markets fixed income CIO; RBC Wealth Management hires four into HK; Lombard Odier hires two senior equity managers; Allianz Global Investors appoints Asia hand as equity CIO; and more.
There is definite proof that sustainability-focused funds are outperforming their conventional counterparts. But some experts believe the traditional explanations for this are wrong.
Greater China investors plan to increase exposure to exchange-traded funds, a new report finds, as HKEX waives fixed-income ETF fees and lists first ETF cross-listing with Shanghai.
Indonesia Hajj Fund Management Agency (BPKH) says that pandemic woes hit direct investment in 2020, but the fund remains firm in its commitment to using it as a tool to drive ESG change
The Singapore-based fund house continues to enhance its technology platforms to better serve investors, while putting its ESG commitment into stronger actions.
The country's lifers are seeking high-quality overseas assets to strike a balance between risk and return. However, new capital rules from 2023 are making these choices harder.