BlackRock's China chief steps down; AXA group reshuffles management team; Wellington Management's global layoffs affect Hong Kong; Australia's ART hires three executives; DWS names Korea and Singapore real estate heads; and more.
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In partnership with Wellington Management
Reits are set to gain from changes brought about by the pandemic, while the yield, diversity and ESG benefits of the asset class are becoming more apparent to Asian insurers.
The US asset manager is about to unveil the appointment of a Wellington Management veteran to fill a key role for its institutional business after recent senior staff changes.
Greenwich Associates has singled out four fund houses for the high level of their institutional investment service quality, as asset owners increasingly seek specialist advice.
The Bureau of Labour Insurance continues to outsource its overseas investments with three new mandates totalling $600 million.
Credit Agricole Asset Management is steadily bolstering its North Asia sales team.
The fund management company has hired Ada Mak to market to North Asia institutions.