AsianInvestor's April 2011 edition now online
REGULARS
Contents
4 Up front
China’s NCSSF to triple offshore investment; Fund execs welcome India liberalization proposal; Julius Baer gains QFII quota, expands RMB offering
9 Up front: on the move
Duhamel joins Lombard Odier; Threadneedle hires Lee but loses Lowndes; BlackRock names Asia corporate governance head
10 Operations manager
Chris Nash, Senrigan Capital
11 Regulatory roundup
Australia sets timetable for market competition, consults on hedge fund disclosure; South Korea mulls derivatives tax
12 Fund flows
The steady outflows from equity and other mutual funds appear to have come to an end
14 Q&A: Thailand
Pravej Ongartsittigul, Securities and Exchange Commission of Thailand
16 Q&A: Malaysia
Dawamani Ponnusamy, Malaysia’s Social Security Organisation
FEATURES
18 China raises the bar for fund governance
China is institutionalizing private funds, putting them on a more level playing field with mutual-fund houses, and setting the stage for a cohesive investments industry
20 Korea’s funds business turns Technicolor
The local mutual-funds industry suffered a terrible 2010, but the experience has matured investors and set the foundation for a better future
22 Korea awards
AsianInvestor is pleased to announce the winners of its inaugural Korea Awards for investment performance and for asset services
36 Big night in Seoul
More photos from our awards cocktail party and dinner
38 Korea tightens the noose on traders
Volumes drop as investors digest changes in Korea following anger over stock trading tactics
ALTERNATIVE INVESTOR
41 Commodities on tap
Are inflation, Japan’s nuclear crisis and Middle Eastern turmoil driving you to drink? Fund managers are cashing in on the mayhem by offering Asian investors a cocktail of commodity exposures
46 Private banks prefer commodities
Asia’s wealthy hanker for inflation hedges, and private wealth managers in the region are responding in the form of commodities rather than bonds or property
48 Alternative Q&A
Moe Ibrahim, managing principal, 3 Degrees Asset Management
50 Alternative roundup
TRG buys 50% of Arch Capital; Blackpine closes $80 million private-equity fund; Shui On seals specialists fund for China real estate; MGPA scours Japan for investments; introducing Asia’s biggest family office
WITH THIS ISSUE
Securities and Funds Services
China custody banks go global; and more