As interest in alternatives grows, the CIO of Japan's national pension fund believes that the mindset of asset owners must change, if they want to hire the staff they need.
With only a six month addition to Hiromichi Mizuno’s tenure, it is unclear who will execute the world largest pension fund’s extended investments plans, which face a revamp in early 2020.
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Barings's ex-head of sovereigns joins ETF firm; HSBC Securities Services gets new client head; AQR pares Asia sales team; KKR appoints Asia-Pacific tech investment head; CGS-CIMB hires chief investment strategist; EFG poaches IAM team from UBS; First State names head of investment product research; HSBC GAM has management reshuffle and more.
Continuity in asset allocation and investment strategy is widely expected at the world’s largest pension fund as it replaces Hiromichi Mizuno with an experienced banker.
The Hong Kong fund house has laid off senior executives, including its Southeast Asia head and managing director for alternative products, as it moves to rationalise its business further.
The coronavirus pandemic are challenging investment strategies in more than one way. But the postponement of upcoming tighter regulations might provide a ray of light.
The institutional fund distribution platform is pressing ahead with its second Asian branch, despite uncertainty following months of protests and, more recently, the coronavirus.
The incoming president of the world’s largest pension fund will need to oversee a freer hand in foreign asset allocation and appoint a new CIO, with Hiromichi Mizuno leaving.
With oil-producing countries hit hard by the crude price crash, their state institutions will have to dump liquid assets and, by default, raise private market allocations, say industry experts.
KIC appoints new deputy CIO; SSGA loses HK head of ETFs; Ping An AM portfolio manager exits; Bridgewater China hires tech head; Vanguard names new Asia head; BlackRock hires Apac head of iShares; CBRE Greater China advisory head departs and more.
Simple-to-use tools that can reduce business travel have long been available. The coronavirus is forcing us now to use them, and the climate could benefit.
As markets continue to gyrate, some of the island's larger insurers have sought to take advantage while smaller players are struggling with weaker capital positions.