Richard House of Standard Life Investments expects Asian asset owners, notably Taiwanese life insurers, to raise allocations to emerging-market bonds as they strive to boost yields.
The UK fund manager has hired its first institutional sales head in Tokyo and is looking to add another to his team, with a view to tapping growing local demand for foreign exposure.
The UK asset manager plans to add 10 staff to its new Hong Kong office in the next year, nearly doubling the current headcount, as it continues to commit resources to the region.
The UK fund house has appointed Virginia Devereux Wong as head of its Asia wholesale business in a newly created role. Extending its multi-asset capabilities is on the agenda.
The UK insurance group is adding up to 40 sales and back-office staff for its retirement savings and investment business in Hong Kong, Singapore and Dubai.
Standard Life Investments is potentially looking to base research and portfolio construction capabilities in Hong Kong and maybe Beijing.