Having shrunk its active equity and alternative investment teams, the asset management arm of Prudential Corporation Asia is increasing its focus on passive strategies.
The pandemic underlines the benefits of a TPA model, said executives from Australia’s Cbus and Future Fund and insurer Prudential at a webinar hosted by AsianInvestor and SimCorp.
AIA's Mark Konyn and others said asset owners have been slow to embrace environmental, social and governance measures, but the Covid-19 crisis could change that.
The Islamic insurers’ need to preserve liquidity could leave them well placed to buy equities, once Malaysia finally emerges from the coronavirus pandemic.
The insurer plans to further diversify its exposure using overseas ETFs, amid the global market rout and after the recent raising of the offshore allocation cap.
Consolidation is trending in South Korea's life insurance sector, with industry players facing rising challenges amid prevailing low interest rates and looming new rules.