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 Edinburgh-based fund manager chose the city state as the base from which to build out its direct real estate investment capability in Asia. It appointed four executives to staff the office.
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.
Newly proposed rules – due to take effect later this year – are set to help Korean insurers increase their overseas and alternatives exposure with a view to tackling falling returns.
Having set up an 11-person office and obtained an advisory licence in Tokyo, Standard Life Investments is eyeing the next steps for expansion, new Japan CEO Neil Slater told AsianInvestor.
Asset managers weigh the impact of China being included in key global debt indices, which they expect to start seeing this year, after the mainland bond market opened further last month.
Standard Life Investments is to launch a multi-asset growth fund for institutions in Asia and is mulling a balanced fund focused on the region, says investment director Malcolm Jones.
The UK asset manager is discussing providing product for Chinese peer-to-peer firms’ online platforms, amid debate over the potential disintermediation of traditional distributors.
Rothschild hires new HK chief; HSBC GAM names sales, distribution heads; TPG recruits Mumbai MD; Standard Life hires investment directors; Capital Group elects new chairman; and BNP names Vietnam head.
The UK insurer's asset management arm is planning expansion in China, Taiwan and Southeast Asia and has its sights set on onshore alliances.
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.