Sun Life considers launching second ESG fund in Hong Kong as it banks on the growing theme; NPS lowers exposure to large-cap and other domestic shares; Temasek's Vertex Technology Acquisition Corporation becomes first special purpose acquisition company on the Singapore Exchange; and more
Neutral durations and infrastructure debt are part of strategies insurers have employed to manage headwinds such as regime changes and interest rate uncertainties.
BlackRock's $8.6bn China bond fund manager to exit firm; Sun Life announces new president for Asia; Manulife Hong Kong confirms Candy Au Yeung as new COO; QIC Global Real Estate appoints healthcare GM; Integrity Life appoints product GM from MetLife; M&G expands Asian distribution team; and more.
Government support in carbon neutrality, plus regulation overhauls in the cybersecurity space, have created a favourable environment to further diversify into green stocks.
The life insurer wants to increase its investments in the private debt, credit, and derivatives markets as it strives to manage its liabilities better.
Constrained by tight regulation, the life insurer has been unable to invest in offshore assets. Its CIO hopes a new rule later this year will allow it to start doing so.
The insurer’s Hong Kong head of asset-liability management has left as fund houses look to boost their actuarial and solutions expertise in Asia.
The asset management arm of Canadian insurer Sun Life has hired a replacement for a portfolio manager on its Mandatory Provident Fund team in Hong Kong.
The insurer wants to be able to offer unit-linked products that invest 100% in offshore-focused sharia funds. Separately, it is looking to raise its corporate bond exposure.
Senior executives at the Canadian insurer’s Malaysian and Philippine units explain how risk capital charges will further exacerbate the investment challenges they face.
Blackstone makes senior appointments; HSBC PB hires investment strategy head; Julius Baer replaces Kaven Leung; Sun Life names HK CEO; Thirdrock adds PM; BSI appoints Asia COO; Citi names prime finance chief; MUFG replaces institutional head; AMP Capital adds in equities; Morningstar shuffles structure; and Chi-X Australia gets new boss.
Our next two most influential gatekeepers are Stanley Ngan, whose team at Sun Life has autonomy on fund selection and investment ideas, and Barclays' Herbert Suen, who has influence in asset flows.