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China institutions tipped to shuffle leaders

Senior executives at China's asset owners will likely rotate their jobs this year, something that may not be good news for fund managers seeking their mandates.
China institutions tipped to shuffle leaders
Many of the leading figures at China’s institutional investors, including large banks and insurers, are set to rotate jobs among themselves and with executives in state-owned enterprises and government organisations during this year, say experts. The movements are set to reduce the level of new investment plans and mandates this year, while over the longer term it could cause some asset owners to shift goals or strategies as new leaders seek to make their own marks on these organi…
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