UBS AM hires head of fixed income for EM, APAC; Legal Super names new chief executive; NPS reshuffles investment heads; BlackRock hires APAC markets head for iShares; DWS appoints APAC chief; Nikko AM names China chairwoman, and more.
After the fall of Credit Suisse, Switzerland's reputation as a wealth management centre hangs under a cloud. Could Asia reap the benefits as the region's richest families look to diversify their assets?
After the spectacular fall of Credit Suisse and shock collapse of Silicon Valley Bank, investors are fretting about contagion risk among global banks. AsianInvestor asks investment experts to give their take on the troubled sector.
HKMA, MAS issue statements after the announced takeover of Credit Suisse by UBS; Temasek officials meet Maharlika executives; CDPQ eyes purchase of Indian unit of ATC; and more.
China Investment Corporation is merging a unit overseeing billions of dollars in private equity and infrastructure investments into its main operations; Australian superannuation plan targeting women has shut down after three years; Taiwan's Cathay Life commits to PE fund vehicle; Chinese state-backed firms take over Sino-Korea Life; 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
Blackstone to acquire GIC’s 49% stake in Dexus Australian Logistics Trust for $1.5 billion; Korea's National Pension Service, working with LaSalle, was the winning bidder for UBS Group AG's London headquarters; Canada's CDPQ to buy minority stake in Hong Kong-based supply chain compliance provider QIMA for $250 million; Softbank's SPAC to merge with Symbotic, an AI supply chain startup; and more.
Volatile conditions temporarily limited a generally rising interest in private equity, but underlined a commitment to strategic asset allocation approaches, finds a new UBS report.
With spreads on Asian junk bonds having widened sharply, are they a good bet, despite widespread concern over expected corporate defaults in the coming months?
But they seem as focused on growing their wealth as preserving it and are hungry for private equity, according to the new China family office report from UBS and Campden Wealth.