- AsianInvestor’s weekly roundup of job-hoppers, May 18
Asia head for iShares, Julius Baer adds China team, Deutsche starts sec lending desk, Barings hires in institutional sales, Northern Trust in Emea build-up and Harvest Capital Partners CEO quits.
- Nomura hires head of China equity research
The bank adds Wendy Liu from RBS, which is selling its cash equities business to CIMB. Nomura is reshuffling as it builds its Asia equity offering.
- Korea pensions play too safe: Towers Watson
The consultancy worries Korea's corporate pension plans are so conservative that they may not be able to pay their liabilities over the long-term.
- Property firms sharpen focus on rich Asians
Jones Lang LaSalle is among those setting up teams in Asia to service wealthy individuals in response to rising interest in real estate.
- LatAm knocks Asia off investor perch
Experts see a cyclical reordering in emerging markets as LatAm overtakes Asia in appeal, while institutional investors are set to transform market dynamics.
- Investor demand builds for emerging-market debt
Amy Cho, Asia-Pacific business development head at Pictet Asset Management, discusses how interest in local- and hard-currency EM debt is gaining critical mass.
- Challenger eyes Asia assets for Aussie super funds
Saying superannuation funds want more international exposure, Challenger buys a stake in an Asian boutique and is targeting other deals.
- Asia hedge funds see inflows but lag US
A trend of asset outflows is reversing in Asia, but hedge funds are expected to find capital-raising tough this year.
- FRM launches Japan fund of hedge funds
FRM’s Japan office is on track to raise $100 million for a Japan-focused strategy of hedge funds.
- SSgA boosts Asia ETF team, plans more listings
State Street has hired its first Asia head of business development for exchange-traded funds to target fund managers, among others.
- SSgA boosts Asia ETF team, plans listings
State Street has hired its first Asia head of business development for exchange-traded funds to target fund managers, among others.
- SSgA boosts Asia ETF sales team, plans more listings
State Street has hired its first Asia head of business development for exchange-traded funds, anticipating a growth in demand for the products.
- CIO Horrocks sees positives of ditching euro
Mathews Asia's Robert Horrocks says Greek default would have minimal impact on Asia. The firm talks about its expansion and product plans.
- Currency warrior James Rickards shoots, misses
James Rickards, partner at JAC Capital Advisors, plugs his book on currency wars by saying the Fed’s quantitative easing puts the world at risk.
- NCSSF outlines investment plans to 2015
China’s social security fund aims to plough up to Rmb250 billion into state-owned enterprises and private-equity funds to support the real economy.
- HSBC prime brokerage targets China hedge funds
Built upon the bank’s custody and fund admin business, HSBC’s fledgling prime brokerage platform will expand to the US after roll-outs in Europe and Asia.
- CIO Horrocks sees positive side of ditching euro
Mathews Asia CIO Robert Horrocks says Greek default would have minimal impact on Asia. The firm talks about regional expansion and product plans.
- Pessimism persists over high Asia trading costs
Exchanges and governments are largely to blame, with Hong Kong a particular culprit and a profit margin that leaves Apple in the dust.
- CSRC introduces raft of QFII relaxations
The regulator improves the process of QFII applications and quotas, easing limits on asset allocation and structured products.
- Coutts hires first Asia products head
It continues to rebuild by hiring the ex-head of private bank sales from HSBC to run Asia products and services out of Hong Kong.
- Goldman launches Asia fund development drive
Goldman Sachs Asset Management has hired Masaki Taniguchi as its first head of product development for Asia-Pacific. It aims to tailor its regional offering, including to retail.
- Japan managers adopting algos for execution control
Institutional investors and asset managers are increasingly using algo strategies and DMA technology in a structural shift, notes JP Morgan's Michael Green.
- Technology challenges facing wealth managers in Asia
Using multiple platforms causes administrative headaches and makes a technology solution that provides information in digestible format key to client servicing.
- Local PE boom tipped for China commercial real estate
The nascent sector is still largely funded by foreign investment, but Treasury China Trust expects this to change.
- Expect Korea wave into alternatives
The former head of real assets at Korea Post says Korean institutional investors are set to pour money into global alternative investments.
Asian Investor