A Calpers investment director and the former CIO of GPIF said policymakers should mandate disclosures and establish carbon emission targets, to embed climate change in investing.
Wealthy individuals are increasingly shifting assets out of the city and considering moving themselves elsewhere too, amid rising sanctions and lost confidence, say financial advisers.
China’s banking sector will have a higher non-performing loan ratio in coming years, but good profitability, strong liquidity and adequate capitalisation will enable the major lenders to absorb unexpected credit losses.
Charles Ong, chief strategist and former CIO at Temasek, will lead what could become Asia's biggest hedge-fund platform.
The consultancy is charged with designing a private pension scheme.
In what may mark a key turning point in the restructuring of corporate Malaysia, the government appoints a financial advisor to unwind the labrythine shareholdings and extensive debt of the country''s largest conglomerate.