AsianInvestor’s March edition now online
This month in AI magazine
(click HERE to access issue)
04 On the move
CSRC chief steps down; NPS appoints CIO after lengthy search; PGI brings in MAS director; Schroder IM names HK distribution head; Bhayani joins BNP Paribas as Asia CIO
08 Regulatory Analysis
SFC risks killing off leveraged funds
The Hong Kong regulator is opening up ETF listings to leveraged and inverse funds, but its caution could be detrimental
10 Data Centre
On an annual flows basis, emerging Asia bonds have done better than equity peers. But low valuations and economic growth prospects appear to be changing the pictureAsset
Owners
12 Rounding on the regulators
Our Insurance Investment Forum hears stinging criticism over lack of market reforms in Asia, with watchdogs branded mad over capital rules
14 Q&A: Eugen Loeffler, CEO and CIO for Asia, Allianz Investment Management
18 Co-investment craze
will lead to casualties
Growth in private equity assets is creating new arrangements, but new risks
22 News: new Thai sovereign fund plans mandates; top trio exit at KIC; direct, PE drives NSSF returns; Korea Post mulls mandates; NZ, Australia sovereigns foresee trouble
Distributors
24 Who you need to know in Malaysia
AsianInvestor profiles in-country product specialists as part of its project to identify the key fund selectors and distributors across Asia
28 Q&A: Hamilton Yuen, Hong Kong head of product development, MetLife
30 News: Standard Life to eyes affluent in Greater China, DBS adds managers to hedge fund list, Flavel relocates as Coutts CEO, BMO targets family offices
Fund Managers
32 Power shift
The balance of power is shifting as Chinese managers enjoy sustained AUM growth while Western firms suffer declining flows in Asia Pacific
42 The benefits of blending
Although many Asian investors are unconvinced by smart beta, the market is evolving and pension funds in Asia are starting to blend different factors
46 Islamic Asset Management AI unveils its fourth annual survey of sharia funds globally and we talk to industry players in the Middle East and Asean
54 QDII back from the dead
The quota scheme is set to surge, although authorities are not ready to let managers sell overseas funds to Chinese investors
58 MRF: Ready, set, launch! Our webcast hears how fund managers in Hong Kong and China are about to dive into the brave new world of marketing products across the border
64 Alternative Q&A: Christina Gaw, managing principal, head of capital markets, Gaw Capital
66 News: Vanguard breaks ground with RQFII quota, GSAM enters retail in Singapore, China liberalises interbank bond market, BlackRock’s Zhu sees China turning point
68 Bookend
Between Debt and The Devil: Money, Credit and Fixing Global Finance by Adair Turner