Panellists at the Milken Institute Asia Summit discussed hedge funds and alternatives, while Steven Mnuchin, in holographic form, gave his view on the future of inflation and interest rates.
Yin Haining and Markus Egloff join KKR as managing directors for its client partner group; QIC CIO to retire, promotes Allison Hill; Fidelity China President resigns; AIA Singapore appoints chief distribution officer; PE fund appoints VP of ESG and risk; Haitong International hires global head of asset management from Goldman Sachs; and more
The bond fund manager does not plan to replace him. It has seen several senior-level hires and departures in the region in recent months.
The US asset manager is about to unveil the appointment of a Wellington Management veteran to fill a key role for its institutional business after recent senior staff changes.
Once the deal is done, the $100 billion-plus juggernaut is expected to ramp up its Asia exposure, with Pimco likely helping Allianz Real Estate to build a third-party client business.
Workplace inclusiveness ultimately strengthens investment capabilities, say experts. The launch of the HK Bloomberg Women’s Buy-side Network aims to progress the debate.
The US fund house has poached a senior executive from its rival in Shanghai as foreign firms continue their battle for talent to expand their capabilities in China.
Asset owners have been caught between a rock and a hard place. Volatile equity markets are forcing them into fixed income but options are fast dwindling.
The US asset manager aims to open an office as a master agent in Taiwan this year so it can distribute its own funds onshore, said Asia ex-Japan head Michael Thompson.
Two recent surveys reveal how investors are looking increasingly to riskier assets around the world and illiquid areas, notable real estate, as they seek higher returns.
Issuance in Formosa bonds has crashed following regulatory changes, but insurers still desperately need higher-yielding products to meet their obligations to policy holders.
However, they say Asian bond markets in general are likely to weather the rising trade tensions with the US better than many expect.