AsianInvestor's September edition now online
This Month
04 On the move
Konyn succeeds Chu at AIA; Falcon moves to Asia chief at JP Morgan AM; Manulife adds role for Bruno Lee; Tan gets ultra-wealthy job at StanChart; BMO hires private bank head; Lima to oversee wealth at HSBC
06 Regulatory Analysis
Why are Hong Kong and Singapore being overshadowed in the fintech revolution?
07 Regulatory Roundup
China urged to synchronise rules; Japan targets stewardship progress: Indonesia adds flexibility for pension funds, insurers; Thailand to update rules on risky products
08 Data Centre
An Asian passport represents the biggest threat to global domination of Ucits
10 Asset Owners
Hedge fund incubators
Family offices are growing in importance as a source of capital for hedge funds in Asia
14 Asset owners feel benefit of equity diversification
Shift in allocation has had profound effect on returns
20 Q&A: Arj Seriniyom, head of investments, Thai Life
22 News: NCSSF tipped for expansion; Malaysia’s EPF to grow foreign exposure; SWF plan still in play for Taiwan; RBI weighs investment options
24 Distributors
Direct distribution on Asia’s radar
Banks remain the key channel, but regulators and fund houses are alert to the rise of direct-to-consumer platforms
26 Q&A: Paul Hodes, Asia head of consumer bank wealth management, Citi
28 News: HK-domiciled funds get MRF boost; UBP-Noah venture eyes wealthy Chinese; Tencent launches WeBank app; Deutsche targets HNWIs, retail distribution
30 Fund Managers
China Stars
We identify the top 10 stock-pickers in China with proven skills to navigate the nation’s difficult economic transition
38 Investors are fleeing emerging markets over growth fears and dollar strength. But is it justified?
44 How smart beta ETFs are having an identity crisis in Asia
48 India: Sebi chairman U.K. Sinha talks about striking a balance between industry rules and healthy growth
54 Korea: Reforms to create a level playing field on tax should be positive for fund groups, but doubts remain
56 Q&A: Christoph Rubeli, partner and co-CEO, Partners Group
58 Australia: The nation that invented infrastructure as an asset class now finds its institutions’ appetites cool
61 News: Yuan devaluation tremors felt; Taiwan to act after rout; Deutsche exits India funds market; Asiya onboards new team for Asia launch; first RQFII licence in North America
64 Bookend
Gauge the sage: Confucius and the World he Created by Michael Schuman