Trevor Persaud of the Investment Management Association of Singapore says the industry body wants to help improve risk standards across Asia with the launch of its new guidelines.
Nikko AM makes global appointments, Deutsche creates SWF coverage role, Russell's Persaud moves to Stradegi, Nomura adds rates strategist, NBAD names sales head, CIMB makes senior research hire.
Trevor Persaud has left Russell Investments after three years with the firm in Singapore. The news came at AsianInvestor's Southeast Asia Institutional Investment Forum yesterday.
The Asian asset management arm of Prudential plans to keep alts at 5% of its portfolio, while the Korean Federation of Community Credit Cooperatives will nearly double its exposure to 15%.
The Malaysian pension fund and the Canadian insurer's Philippine unit agree that Asian debt is a riskier investment than in the past. So what alternatives are they looking at, if any?
Ping An Russell Investments will provide access to domestic hedge fund managers in a product for both wealthy clients and US dollar investors through QFII.