Private bank LGT and JP Morgan Asset Management recommend selling emerging-market debt, but clients in Asia seem reluctant to do so.
The deal will create an entity with $45 billion under management in Asia, but there are obstacles to integrating the businesses, note industry observers.
More flows are likely into insurance-linked strategies, private equity and trend-following strategies/CTAs, given the benefits of such investments, argues LGT Capital Partners.
LGT Capital Partners, a long-established player in private markets in Asia, added to its impressive client list last year, drawing high praise from new and existing customers alike.
Vontobel-owned structured product platform Deritrade has signed up four buyside clients, in the latest attempt to move ahead of rival Contineo in the race for private banking clients in Asia.
Leveraged buyouts in Asia, which were previously funded major global investment banks, are making a comeback thanks to the growing participation of local lenders.