London-based M&G has acquired responsAbility and a headcount of 200 while Allianz GI has created a private markets impact unit.
The Japanese fund house has added a head of institutional business for China/Hong Kong and an ETF salesman and is also hiring a replacement Korea client coverage executive.
M&G, which incorporates insurer Prudential's UK business, is repatriating Asian equity portfolios from Eastspring, part of Prudential's Asian business, as part of a strategic move.
With spreads on Asian junk bonds having widened sharply, are they a good bet, despite widespread concern over expected corporate defaults in the coming months?
Overseas investors are flocking to Japanese housing. As the latest deal shows, there is increasing competition within one of the most sought-after real estate markets in Asia-Pacific.
Real estate investment volumes soared in the region in the first half of this year, as institutions continue to diversify portfolios. But there are short-term concerns to contend with.
The dollar downtrend is boosting portfolio returns and encouraging some wealthy investors not to hedge their currency risks, experts say, but it's a gutsy move.
A growing gap between Western and Asian central banks’ monetary policies could potentially spur economic growth in Asia and help regional investors enjoy improved returns.
Investors remain keen on emerging market assets despite the Fed's decision to begin unwinding its balance sheet, but it could be time for a change in approach, experts say.
The UK asset manager has poached CBRE Global Investors' Greater China head to run the core regional strategy, according to sources.
So say M&G and Savills Investment Management. The latter has won two Japan property mandates this year, is readying more Asia funds and is eyeing a Korean office. The former has a new research head.