Aviva Investors appoints new head for sustainable outcomes; Manulife IM former Asia CRO joins Value Partners; Blackstone Credit hires new head of Asia Pacific origination; MUFG appoints new regional executive for Asia Pacific; Capital Group hires Southeast Asia intermediaries MD; HSBC AM appoints head of Asia multi-asset; PineBridge announces two departures; and more.
ADDX promotes Choo Oi-Yee to chief executive; Social Security System (SSS) appoints Michael Regino president and chief executive; UBS makes key appointments to family office offering; Principal Financial Group makes three senior appointments and more
Over the next 12 months, investors in Asia will likely contend with a fast-moving investment landscape shaped by China’s increasing focus on sustainability alongside the tenor of macroeconomic policies and the path of inflation. PineBridge Investments’ specialists offer their views on what investors can expect in 2022 and the opportunities arising from this confluence of changes.
The age of Asia will soon arrive as the world is shifting towards multipolarity. What are the key trends that investors and business leaders should be aware of?
Elizabeth Soon, head of Asia ex-Japan equities, says unpredictable markets puts the focus on companies robust enough to survive the crisis and gain market share over the long term.
The US-based asset manager has hired a Greater China equity portfolio manager and three other investment professionals.
Fund managers say the global hunt for yield is exacerbating the liquidity problems in Asian bond markets and have their doubts about how the issue can be resolved.
The Chinese authorities have moved to address outstanding investor concerns over access to the mainland interbank bond market by issuing guidance and rules on capital remittance.
Newly proposed rules – due to take effect later this year – are set to help Korean insurers increase their overseas and alternatives exposure with a view to tackling falling returns.
Farallon and PineBridge are in the process of jointly acquiring AAA Asset Management, subject to regulatory approval, according to sources close to the deal.
Changes at the top at CIC; KWAP appoints new CIO; PineBridge names deputy president for Japan; RBC WM fills Greater China roles; BNP Paribas boosts securities services team; Eastspring adds in marketing; and Strategic Insight hires research head.
The agreed joint venture with Kingdom Holding Company will invest in direct private equity deals in Africa and reflects fast-rising interest in the continent, including from Asia.