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AsianInvestor's April edition now online

We report on risks from China's explosion of segregated account subsidiaries, explore investor provisos to smart beta, explain what European high-yield managers have to fear and lead a debate on bond investing amid monetary divergence.
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This Month
04    On the move
Invesco hires Lindsay Wright for institutional growth; David Wong takes reins at MPFA; Patrice Conxicoeur to head Japan with HSBC

08    Regulatory Analysis
        Industry praises retired Alexa Lam for landmark cross-border initiatives, but there is criticism, too

09    Regulatory Roundup
        Shanghai launches first 10-year bond futures; Hong Kong’s SFC sets dual-shares framework; Asean regulators sign fundraising framework

10    Data Centre
        New report provides landscape analysis of social and environmental impact investing in six countries across South Asia

12    Asset Owners
        Looking smart
        Smart beta offers asset owners more control over their risk budget, but there are provisos

16    Q&A: Toon Krooswijk, FWD Group

18    AsianInvestor’s fourth annual Japan Institutional Investment Forum

20    HK Future Fund urged to allocate to alternatives; NZ Super faces criticism; Temasek responds to StanChart shake-up

22     Distributors
         Q&A: Balancing eating and sleeping
         Paul Stefansson, head of distribution for Asia-Pacific, UBS Wealth Management

24     Li Keqiang prioritises private banking; mutual recognition takes shape; ARFP edges closer

26     Fund Managers
         Boom or Bust?
         China’s explosion of segregated account subsidiaries appears to have saved mutual fund companies, but it is creating a new set of risks

30    Roundtable: Experts debate whether the Hong Kong dollar bond market can differentiate

36    Why European high-yield bond managers have most to fear in 2015

40    Domestic drivers suggest Japan’s ETF market is ready for resurgence

46    Fourth annual Korea awards: innovation unites the winners

52    HK closes in on default fund; five foreign firms granted new QDLP quota; Amundi enters Asia ETFs

54    Alternative Investments
        Asia’s hedge frogs
        The third in a series of articles celebrating AsianInvestor’s 15th anniversary assesses the evolution of hedge funds in Asia

56    Q&A Tim Wong, executive chairman of
Man AHL

58    Asset Services
        Creating a follow-the-sun operating model
        Interview with Joe Prsa, COO of QBE’s investment arm

62    HSBC targets China custody; Vontobel joins network race; Stock Connect short-selling slated, Shenzhen link close

63    Trader talk: Kent Rossiter, Allianz Global Investors

64    Bookend
        The Singapore Story The life of Lee Kuan Yew and how he shaped Singapore with a singular vision for a city-state

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