New regulations mean a single large allocation to an impact fund could risk creating underperformance across the fund as a whole making them too risky for smaller funds, say analysts.
Tag : standard life
The newly combined asset manager has filled the post in Shanghai by poaching from a rival created by another big recent merger.
Last month we broke news of Prudential's Asia reshuffle, a change of focus at Willis Towers Watson and Chris Ryan's exit from MSCI, and reported on consolidation and hiring trends.
Fund houses must get better at active management or offer index products, say industry players. The scale that the Standard Life-Aberdeen merger would bring may facilitate such a move.
With Sino-US tensions mounting over Donald Trump's plans for trade protectionism, among other things, mainland institutions are seen to be eyeing foreign assets outside America.
The UK-based insurer says it remains committed to its two remaining markets of Hong Kong and China despite industry headwinds, saying it has switched its focus to affluent clients.
The firm's Asia-Pacific chief executive puts the closure – which follows that of Standard Life in July – down to the business failing to achieve sufficient scale and profitability.
Standard Life promotes investment chief; Natixis names Asia chief economist; JP Morgan appoints custody chief; SocGen gets new India head; JLL appoints corporate finance chief; and ITG makes senior sales hire.
While it has served as an alternative financing channel to society at large, it also involves moral hazard and hidden risks. Xie Ping, deputy general manager at CIC, joined the debate.
The process, prompted by new rules, may see the UK insurer cutting or consolidating the number of funds on its platform. It is also eyeing retail banks as a distribution channel.
BNPP IP poaches from Harvest, AMP Capital undergoes reshuffle, ADS Securities opens in HK, Standard Life sets up Asia advisory board, Jones Lang LaSalle launches Xi'an branch.
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.