Experts believe the Korean sovereign wealth fund's new head will need to prioritise raising sustainable investments and private asset investing, along with returns in general.
CSOP Asset Management has become the first Chinese manager to independently list an ETF in the US. The launch was months late because a shortage of RQFII quota forced it to readjust its investment policy.
Apec ministers from Singapore, South Korea, Australia and New Zealand agree to develop a framework to facilitate regional cross-border fund sales in a move that could reshape the industry.
The Hong Kong-headquartered fund of hedge funds Sail Advisors sends a team to open an office in the Big Apple.
The Instinct Japan Opportunity Fund will employ an event-driven strategy.
The Hong Kong-based Greater China managers follow up their successful China fund with a convertible bond fund.