Asset owners, fund managers and central banks alike are putting an increasing focus on infrastructure, with the asset class tipped for a big rise in prominence in the coming years.
The argument for raising inflation targets is that it would give central bankers more room to use interest rate policy, but some investment industry executives have their doubts about the concept.
But some feel Europe’s financial services industry may become less concentrated in the UK capital as a result of Brexit, with asset managers, for instance, potentially moving businesses elsewhere.
After wild price swings on Shanghai Composite, the industry voices hope that Stock Connect and mutual recognition can bring much-needed diversification and broaden investor holdings.
Khazanah hires CIMB deputy CEO, Axa IM expands in Asia, HSBC on hiring spree, Nikko AM bulks out Tokyo office, Old Mutual GI names distribution head, Matthews grows HK headcount.