AsianInvestor's March 2015 issue now online
This month
04 On the move
Questions remain over Julia Leung’s role at the SFC; Axa IM loses Asia-Pac chief after six months; Julie Koo moves from HSBC to UBS
08 Regulatory Analysis
China is striving to close a loophole that allowed global PE funds some control in sensitive industries
09 Regulatory roundup
CSRC bans five fund firms; HK ETF stamp duty waived; Big Four accounting firms settle in China disclosure case
10 Data Centre
Real estate investment in Asia Pacific boosted by upbeat fundraising scene
Asset Owners
12 Asean central banks turn to emerging markets
Southeast Asian reserve managers are showing more faith in emerging markets
18 Insurance Investment Forum: Balancing risk and return
20 News: China Life global mandates; Taiwan’s BLF plans $2bn alts strategy; Thailand warned on equity market risk
Distributors
22 Indonesia funds market seeks change in direction
Deregulation promises to give its fund industry a boost
24 Q&A: Kelly Chung, head of managed solutions in Asia, LGT Bank
26 News: Manulife merges AM and wealth; fund redemptions hit HK; LGT plans PE roll-out
Fund Managers
28 Islamic asset growth slows
After a stellar expansion in 2013, last year saw a shift in fortunes for sharia funds
32 Mark Konyn reflects on Asia’s equity markets as part of AsianInvestor’s 15th anniversary series
34 Assessing the likely impact of the ECB’s decision on quantitative easing
38 Shenzhen opens to foreign alternatives, but quietly
40 News: Opinion split on ARFP; Farallon, PineBridge to acquire Indonesian firm; Samsung lists HSI futures ETFs
Alternative Investments
42 Can leveraged loans fill the void?
Asset owners are being driven to explore niche fixed income strategies. AsianInvestor weighs up the best on offer.
44 Q&A: Mario Giannini, CEO of Hamilton Lane
46 News: Hedge-fund seeding to surge; Allianz GI eyes alts demand; wave of fund closures expected; Rival QDLP schemes launched
Asset Services
48 AsianInvestor’s Trading and Execution Survey 2014
Access to liquidity is what investors want from brokers
60 Managers sceptical about the reliability of big data for investments
63 News: Multi-family office to open in Dubai; HKEx’s price-control plan slammed; Stock Connect short-selling rules unclear
64 Bookend
The Rise and Fall of Australia: How a great nation lost its way, by Nick Bryant