Abu Dhabi and Qatar sovereign wealth funds eye Indian education technology firm; Korea's NPS commits capital to Blackstone Credit’s sustainable credit platform; Allianz in talks with Chinese banks to set up a majority-owned asset management venture; and more.
AsianInvestor’s new weekly column on past events journeys back to see how Canadian life insurer Manulife’s role in China’s huge pension market has evolved since 2016.
Ping An of China Asset Management hires new MD and fixed income head; Two senior executives leave HKEX; Prudential Thailand names chief actuary; Fidelity promotes new head of equities in China; BlackRock relocates Eric Liu to Shanghai as fixed income head; WTW appoints new head of crb for Hong Kong; and more
GIC partners with Omers Infrastructure and Wren House to jointly acquire Direct ChassisLink; Japan's Government Pension Investment Fund (GPIF), the world’s largest, posted its first quarterly loss in two years; AustralianSuper delivered a -2.73% return for the fund’s balanced option for FY2022; and more.
Insurance companies need to think outside the box when it comes to ESG frameworks and securing the right investments across disparate geographies.
Aviva Investors appoints new head for sustainable outcomes; Manulife IM former Asia CRO joins Value Partners; Blackstone Credit hires new head of Asia Pacific origination; MUFG appoints new regional executive for Asia Pacific; Capital Group hires Southeast Asia intermediaries MD; HSBC AM appoints head of Asia multi-asset; PineBridge announces two departures; and more.
Anil Wadhwani has joined Prudential as group CEO from Manulife Asia; GIC’s private equity investment looks beyond definitive ESG; Family offices show strong interest in alternative investments; Southeast Asia: the next hotbed for digital infrastructure investing; New private pension scheme could open up Chinese assets to foreign insurers; and more.
NPS head of Americas private equity and global hedge funds team leaves after 11 years; AIA hires director of tactical asset allocation from JP Morgan Asset Management; Manulife appoints chief risk officer for Asia; Bruce Tomlinson leaves Australian Retirement Trust; Franklin Templeton makes senior appointments in Malaysia; Eastspring loses three C-suites; and more.
Asset owners are spoiled for choice when it comes to private credit assets, but keeping and finding talents as well as choosing the right managers remains a challenge.
BlackRock's $8.6bn China bond fund manager to exit firm; Sun Life announces new president for Asia; Manulife Hong Kong confirms Candy Au Yeung as new COO; QIC Global Real Estate appoints healthcare GM; Integrity Life appoints product GM from MetLife; M&G expands Asian distribution team; and more.
Manulife appoints new COO; the head of investment stewardship at VFMC departs; June Wong joins Value Partners as president; State Street appoints head of Singapore and Southeast Asia, and head of Australia; BlackRock COO joins UBS AM as Australia and New Zealand country head; Pictet veteran named as Asia CIO; Nomura AM Malaysia head to step down; and more
Investors are shifting their positions in fixed income, and looking for more ESG opportunities in their private equity investments, according to a Manulife Investment Management report.