AsianInvestor's November edition now online
This Month
On the move
04 BlackRock names quartet of business heads; UBS Global AM building out multi-asset team; Desmond Ng quits Invesco for AllianzGI
07 Hong Kong focus: Does the city realise the strength of its own position in Beijing’s drive to internationalise?
10 Regulatory Analysis: Still seeking clarity on Stock Connect
12 Regulatory Roundup: Singapore Fair proposals to be made law; Iosco proposes principles for custodians
14 Data Centre: Growing Chinese wealth
Asset Owners
16 Li’s vision for CIC
The chief investment officer must overcome structural obstacles if he is to successfully reposition sovereign fund CIC
20 Q&A: Larry Wan, CIO of Zhongrong Life Insurance
22 NPS to boost investment team; CIC head takes reins at CICC; Chinese HNWIs ‘overconfident’
Distributors
24 Distributors raise passport doubts
Consumer banks across Singapore, Malaysia and Thailand express concerns over investor demand for the Asean fund passport scheme
28 Q&A: Rosita Lee, Hang Seng Bank
30 iFast plans IPO, regional expansion; BNY Mellon, Morgan Stanley on wealth buildouts
Fund Managers
32 When equity managers think like bond managers
Managers of US equity portfolios, usually an optimistic lot, have become more cautious than peers on the fixed-income side
34 Will US interest rates rising mean the end of a 35-year bond rally?
38 Slow start for RQFII scheme in London
40 Can certain exchange-traded funds deliver on their promise of liquidity in the event of another financial crisis?
44 What Bill Gross’s exit means for Pimco; Asia fund firms seen lagging on cyber-security
Alternative Investments
48 Alternatives for all?
Retail-friendly, liquid alternative investments are sparking interest in Asia. But could they do the industry more harm than good?
50 Q&A: Takajiro Ishikawa, MC Asset Management
52 AMP, BlackRock make infrastructure moves; optimism rises on QDLP
Asset Services
54 Calculating the value of outsourcing
The question of whether to outsource middle-office functions to a third party is vexing hedge fund managers.
56 Operations manager: Brian Pohli, CQS
58 MSCI sounds Saudi warning; HK tipped for A-share index futures
59 Trader talk: Teerapong Sawejtraporn, Kasikorn Asset Management
Events
62 Asia’s Independent Research Summit
Experts debated the direction of the US Federal Reserve and economic theory, while China’s
dream and the effects of technology also figured at the event last month.
64 Bookend: The Innovators: How a group of hackers, geniuses and geeks created the digital revolution, by Walter Isaacson