Cbus promotes Ros Mckay to head of responsible investment; Family Office Association Hong Kong elects Angel Chia as new chair; Manulife IM promotes Elvin Tharm; HSBC Asset Management APAC head of institutional sales relocates to Singapore; Natixis sustainable hire joins from BNP Paribas AM; and more
As the world recovers from the coronavirus pandemic, equity markets are expected to follow suit, although investors are divided on which markets to focus.
It may be too soon to assess the likely effect of the Wuhan coronavirus outbreak, but investors are taking risk off the table in the short term while they hope for a swift recovery.
The French fund house is expanding institutional client coverage, says its Asia head, citing business growth in segments such as insurance and superannuation funds.
Natixis's acquisition of MV Credit shows how asset managers are bulking up their private market capabilities as investor demand grows for non-traditional, higher-yielding assets.
High US equity market valuations remain a big concern for Asian investors but it remains their favourite region for allocating overseas, according to experts.
Jerome Powell, the next chairman of the US Federal Reserve, should continue the policies of current head Janet Yellen, which should ensure a good Asia outlook, experts say.
The regional chief of the French fund manager explains why it made the latest move in a spate of M&A taking place among active asset managers across the globe.
The French asset manager has replaced Alex Chang by hiring a rival firm's local head of business development.
Local investment boutiques will continue to prosper in Asia, alongside cross-border tie-ups, say executives from global fund houses, given the high cost of building onshore businesses.
Meanwhile, Asian wholesale fund buyers plan to reduce their high-yield exposure, said Matt Shafer, head of international distribution at Natixis Global AM, discussing a new survey.
Asian institutions expect to raise their allocations substantially to both alternatives and equities this year, finds a global survey by Natixis Global Asset Management.