Lieven Debruyne will move to London as the UK fund house’s global head of distribution as part of a senior reshuffle, raising the question of who will succeed him in Asia.
Foreign asset managers seeking a mutual fund licence in the mainland must differentiate themselves from domestic players in what is now a crowded market, a forum heard.
The UK fund house has relocated an executive from Australia to assume the newly created post in Hong Kong, as it seeks to fill two senior regional roles.
The continuing stream of international fund houses considering setting up in Asia has been advised to think very carefully before they do so. The number of cautionary tales is growing.
Schroders' Asia distribution head says the challenge in the market is not banks versus non-banks, but rather active versus passive. He has called on active managers to find a way to continue to be relevant.
Schroder Investment Management is looking for more financial technology investments, its Asia distribution head tells AsianInvestor. The fund house is in distribution talks with a Chinese e-commerce giant.
Swiss Re hires head of China asset management business; BlackRock deregisters its China WFOE; DWS names head of Apac insurance coverage; Amundi appoints first Asia sustainability officer; Manulife IM appoints senior portfolio manager for asset allocation; Morgan Stanley IM hires portfolio manager for A-shares; and more.
CPPIB, Omers and OTPP are busy hiring in the region for investment talent in credit, real assets and particularly equities. Omers is also planning to add office space in Singapore.
Although sustainable funds have seen increasing inflows amid growing environmental awareness and the spotlight on social issues due to Covid-19, the industry still lacks a standard definition of sustainable investing. Nicholette MacDonald-Brown, head of European blend equities at Schroders, explains the firm’s three-pronged approach of people, process and purpose.
Special purpose acquisition companies (Spacs) have gained ground as financing vehicles for companies looking to go public. But Asian family offices have yet to make many investments.
De-risking and green securitisation will help unlock much-needed institutional capital for sustainable infrastructure projects in Asia, say executives at multilateral development banks.
China Pacific Insurance appoints new chairwoman, COO; AMP's CEO to leave by third quarter; Robeco announces duo in senior China roles; Axa IM hires head of institutional sales for Asia; GLP names co-president for logistics; BlackRock sells onshore Korea distribution business; Income Partners poaches head of distribution from Vanguard; and more.
The Canadian and Korean asset management operations of two life insurers have agreed to jointly take advantage of rising institutional investor demand for Asian alternative assets.
The Singapore state fund recently bought into impact investing specialist LeapFrog, and is eyeing more investments that combine strong financial returns with a positive social effect.