The Canadian life insurer's Asia investment team makes an internal promotion and transitions into new leadership as veteran Gerald Posthuma departs after two decades.
The asset class remains compelling for Asia-Pacific life insurance companies in 2023 despite market uncertainties and doubts over valuations in the private market.
The life insurer sees many opportunities around ESG investment in alternatives, but questions how to evaluate such emerging assets using traditional metrics.
Internal research is necessary to comprehend the underlying data and risks to a portfolio rather than simply relying on data from others, according to the life insurer.
Besides Covid travel restrictions, escalating ESG pressures and regulatory changes pose challenges to asset owners looking to hire and retain talent in Hong Kong.