Barings has appointed Ike Bae as its new Korea CEO. He replaced Thae Khwarg, who retired in December last year after more than 20 years with the firm.
Category: Rest of APAC
OMGI’s Weatherston positive on Japan equities
Valuations of Japan equities have become more attractive compared to other developed markets, and Abenomics has helped drive up corporate profits, according to Rob Weatherston, Old Mutual Global Investors’ Hong Kong-based portfolio manager of the Old Mutual Japanese Equity Fund.
Vontobel hires from Pine Bridge for Japan role
In his new role, Naohiko Tabei will target the Japanese institutional market with an emphasis on banks and insurance companies.
Survey: Investors give Japan high marks
Despite the uncertainty over the outcome of Abenomics, institutional investors are optimistic about structural reforms, according to a survey by BNY Mellon.
SSGA cuts Japanese, European equities to neutral
The downgrade follows expectations of limited further policy support in a negative rate environment, according to Thomas Poullaouec, managing director and head of strategy and research for Asia Pacific at State Street Global Advisors.
Korea Investment Corp names CIO
Shin-woo Kang previously served as the president and chief executive officer of Seoul-based Hanwha Asset Management.
Blackrock brings in Japan CIO
The firm has nabbed Takeshi Fukushima from GI Capital Management to serve as chief investment officer.
Fidelity remains bullish on Japan
Despite negative interest rates and doubts about Abenomics, Fidelity analysts single out Japan as the only market with improving prospects.
SLI, M&G name new hires in Japan
SLI fund manager Neil Slater will become the firm’s CEO of Japan.
Australian mutual fund market tough to crack
Foreign fund managers seeking distribution in Australia face unique challenges, according to research firm Cerulli.