New Silkroutes Group has bought 51% of multi-family office Stamford Management, amid expectations of further wealth industry consolidation.
Banks cannot provide as wide a range of services as in the past, say family offices, which are having to broaden their range of counterparties as a result.
Multi-family offices question the independence of private banks, but say they are losing the battle for mindshare because they don't have the same sort of marketing budget.
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The Dutch pension asset manager's Asia Pacific head of real estate says his team has just had one of its busiest years ever and that 2021 is looking similarly promising.
Harvest Global Investments' Asia equities head leaves; Schroders losing multi-asset deputy head to rival; Northern Trust names head of Apac; Singapore's Central Provident Fund names new chair; Amundi appoints Hong Kong CEO; MAS renews Ravi Menon as managing director; NZ Super makes general manager promotion; and more.
The Canadian pension fund aims to more than double its regional infrastructure investments by 2026, particularly in renewables, data centres, fibre networks and satellites.
The investment industry lacks coherent sustainability standards, which makes applying them harder, said officials at asset owners and fund houses from Japan, Malaysia and Korea.
Some pensions from the country have indirectly invested into China via pan-Asia funds, while a few European pension investors have sold Chinese stocks over ESG concerns.
Five asset managers get mandates from the Monetary Authority of Singapore that will see them setting up sustainability-focused operations in the city-state.
ESG is no passing fad, as more investors are convinced that alpha can be found in ESG and regulators continue to introduce rules to lift ESG standards.
The country's lifers are seeking high-quality overseas assets to strike a balance between risk and return. However, new capital rules from 2023 are making these choices harder.
The robust growth of China’s economy underpins the appeal of its local equity market, which is set to attract more foreign inflows this year.
Indonesia Hajj Fund Management Agency (BPKH) says that pandemic woes hit direct investment in 2020, but the fund remains firm in its commitment to using it as a tool to drive ESG change