A pragmatic approach to ESG investing is prevalent in the Apac region, where investors look for practical reasons to integrate ESG, according to a global study by State Street.
NGS Super strengthens investment team; China's PICC promotes Zhang Jinhai to vice president; AustralianSuper relocates PE head to New York; State Street appoints new Korea head; Allspring opens Tokyo office with new hire; T. Rowe Price bolsters Asia institutional business with new hire; Ageas hires Christian Choi as regional director; China VC fund leader becomes HSBC board member; Malaysia's Mavcap hires new CIO; Colliers Apac IT director; Singapore's HG Exchange appoints chairman.
Ending an eight-year experiment with negative interest rates, the European Central Bank has increased its interest rate for the first time in 11 years and announced plans of further hikes.
The asset management industry continues to be male-dominated. Senior executives from Aware Super and State Street Global Advisors discuss how advocacy can move the needle.
The chair of the National Council for Social Security Fund of China said the fund must grasp investment opportunities in technology; Australian institutional investors commit $38 billion to UK's green energy transition; Hang Seng Investment Management takes over management of Hong Kong's largest exchange-traded fund from State Street Global Advisors; and more.
In March 2020, the stock market crashed 26% but recovered spectacularly by the end of the year, leading funds like GIC and BlackRock to rethink their investment strategies.
Companies in major indices across developed markets will be expected to issue climate-related disclosures and have a third of their boards comprise women by 2023.
Manulife appoints new COO; the head of investment stewardship at VFMC departs; June Wong joins Value Partners as president; State Street appoints head of Singapore and Southeast Asia, and head of Australia; BlackRock COO joins UBS AM as Australia and New Zealand country head; Pictet veteran named as Asia CIO; Nomura AM Malaysia head to step down; and more
HSBC Asset Management names Michael Cross as global fixed income CIO; Jessica Jones has been appointed PGIM Asia head; Eastspring welcomes former HSBC Apac CIO; BlackRock names Apac index investments head; Haitong International launches family office business; Jupiter hires from AllianzGI; State Street names Apac collateral lead; and more.
JP Morgan appoints Andrew Creber as Australia and New Zealand chief executive; State Street appoints country head for Japan; Aberdeen hires David Hanzl and Sean Lee for Asia distribution roles; Fidelity hires from Hesta for sustainable investing role; AMP hires from QSuper; Mercer appoints sustainable investment consultant; and more
AsianInvestor identifies five ways in which technology will force fund management to evolve. We begin with the likely impact on product distribution and flexibility.
As the world recovers from the coronavirus pandemic, equity markets are expected to follow suit, although investors are divided on which markets to focus.