JP Morgan Asset Management's highly respected Asia chief is to head the North American business of UK insurer Prudential. The US firm is tipped to name an in-house replacement.
Michael Falcon is moving to a North American role at the British insurer after eight years at the US asset manager.
The fund house has created the new position with a view to more comprehensively tapping rising institutional demand for alternative investments.
Japanese defined-benefit schemes are showing a growing hunger for global and alternative investments, a JP Morgan Asset Management poll shows.
Crude oil prices have surged to three year highs, hitting $77.7 per barrel on May 10. We asked six experts whether this trend will continue and what it means for Asian investors.
The firm's Asia head of investments explains where he is seeing appetite among clients, pointing to their rising awareness of socially responsible strategies.