ESG focus in Asia — while lagging its peers — is evolving, getting on par with global standards, and starting to show its own distinctive traits.
Blackstone makes key regional hires to tap Asia's growing wealth; Sun Life regional CIO spells out challenges in ESG measurement; Temasek launches $3.6 billion decarbonisation-focused investment company GenZero; How CIOs in Hong Kong retain talent amid the brain drain; APG: Greenwashing should be punished
There are many ways to adjust to inflation, from diversification to updating pricing on contracts, the audience heard at AsianInvestor’s Insurance Investment Briefing in Hong Kong.
Munich Re appoints Tobias Frenz as Singapore CEO; CareSuper appoints chief risk officer and chief experience officer; Sun Life names general manager for life and health in Hong Kong; Eastspring makes senior appointments; Kit Georgeos leaves AMP Capital; BNP Paribas appoints head of client development for Southeast Asia securities services; and more.
Diversification should be a key strategy for investors during the turmoil in global markets, CIOs told AsianInvestor's Insurance Investment Briefing in Hong Kong.
Sun Life considers launching second ESG fund in Hong Kong as it banks on the growing theme; NPS lowers exposure to large-cap and other domestic shares; Temasek's Vertex Technology Acquisition Corporation becomes first special purpose acquisition company on the Singapore Exchange; and more
Neutral durations and infrastructure debt are part of strategies insurers have employed to manage headwinds such as regime changes and interest rate uncertainties.
BlackRock's $8.6bn China bond fund manager to exit firm; Sun Life announces new president for Asia; Manulife Hong Kong confirms Candy Au Yeung as new COO; QIC Global Real Estate appoints healthcare GM; Integrity Life appoints product GM from MetLife; M&G expands Asian distribution team; and more.
Government support in carbon neutrality, plus regulation overhauls in the cybersecurity space, have created a favourable environment to further diversify into green stocks.
The life insurer wants to increase its investments in the private debt, credit, and derivatives markets as it strives to manage its liabilities better.
Constrained by tight regulation, the life insurer has been unable to invest in offshore assets. Its CIO hopes a new rule later this year will allow it to start doing so.
The insurer’s Hong Kong head of asset-liability management has left as fund houses look to boost their actuarial and solutions expertise in Asia.