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.