The firm’s AUM sourced from Asia-based clients accounts for around 55% of total assets.
SSGA promotes Mark Hui as head of global equity beta solutions for Asia (ex-Japan); Natixis names Tony Huang as Taiwan general manager; Capital Group hires from Income Partners for institutional distribution role; JPMAM wins global equity mandate from New Zealand-owned Gareth Morgan Investments; Australia’s AMP Capital raises $1bn from Asian investors for infrastructure strategy; investors pour more money in hedge funds; and more…
Blackrock launching two MPF funds, Singapore’s UOB AM and T. Rowe Price rolling out a tech fund in Singapore; key APAC senior management changes at Australia’s AMP Capital; dwindling number of billionaires around the world; an institutional mandate for UK’s Prestige; Hong Kong and Singapore’s regulators penalising professionals for WeChat and spoofing; AIA names David Beckham as its global ambassador; NNIP’s positive outlook for Mongolia; etc…
A QFII fund from Australia investing in A-shares might wind up as investors are fed up with heavy losses and discount to net asset value, according to reports.
AMP Capital said that it has raised more than $540m in new commitments for its global infrastructure platform during the last six months, which has resulted in a first close for the AMP Capital Global Infrastructure Fund and has put it closer to the platforms target of $2bn.
AMP Capital has hired Eastspring Investment’s Nicholas Koh as senior portfolio manager on its multi-strategy team.
Australia’s AMP Capital has won an A$175m ($154m) mandate to manage Nikko Asset Management Australia’s equity portfolio on behalf of its multi-manager team.
Australian fund house AMP Capital has launched a Luxembourg-domiciled UCITS platform with two new funds catering to UK and European institutional investors.
Australia’s AMP Capital has entered into a pact with China Life Insurance Group’s subsidiary, China Life Asset Management to set up a fund management company in China.