Central Huijin Investment, an arm of China's sovereign wealth fund, is set to take control of three major bad debt managers, as Beijing tackles growing risks in the state-dominated financial system.
China sovereign fund buys ETFs to step up stock market boost; Korea national pension admits overstating responsible assets; Mubadala joins APG in life science real assets in China; MAS to streamline fund managers regulation; and more.
SSGA's Asia chief resigns; CIC subsidiary loses president; Citi appoints Philippines head; Vanguard relocates director to Singapore; JLL boosts China investment team; and SC Lowy hires bond chief.