Four executives of AIJ Investment Advisors have been arrested in an alleged fraud relating to missing pension fund money.
ASIA - Asia ex-Japan and Australian assets are set to double by 2015, reaching $4tr, according to a recent study by Cerulli Associates.
ASIA - Asian institutional investors outside of Japan are looking to boost returns by investing more heavily in liquid alternatives, high yield debt and emerging markets while Japanese investors are looking for non-domestic opportunities, a new survey...
GLOBAL - PIMCO has hired five new investment staffers in London, New York and Singapore to round out its emerging markets equities team, with two joining from Goldman Sachs Asset Management (GSAM).
ASIA - Aviva Investors has appointed Patrick Chong as head of financial institutions business development - Asia Pacific.
US/ASIA - BlackRock has appointed ING Investment Management's Joel Kim as head of Asia-Pacific fixed income.
KOREA - Mercer has set up an investment management business in Korea to help local institutional investors take advantage of global market opportunities.
HONG KONG - Northern Trust will begin offering index equity portfolio management services from Hong Kong after receiving regulatory approval this week.
Recently released year-end results show assets under management for Japanese asset managers were down 12% in the year ended March 31, as Gavin Blair reports
CANADA/JAPAN - The Canada Pension Plan Investment Board (CPPIB) and Global Logistic Properties (GLP) have formed a joint venture to invest in the country's logistics network.
US/ASIA - Acadian Asset Management Singapore has appointed Ho Yew Weng as director of institutional sales for Asia-ex Japan.
JAPAN - Japan's public pension fund scraped a small return on its investments in the second quarter after its assets fell by $33bn, its latest report shows.
JAPAN - The implementation of new accounting rules that would have forced companies to book pension fund shortfalls as liabilities on their balance sheets is to be postponed, according to reports.
JAPAN - Credit rating agency Moody's has downgraded Japan's sovereign debt rating by one notch, saying weak political leadership has hampered growth.
ASIA - ING Investment Management Asia's CIO believes the yuan will become a reserve currency within the next two years driven by the ongoing debt problems in Europe and the US.
ASIA - HSBC Securities Services (HSS) has launched a fund administration infrastructure and operating model in Asia to help pension funds and other clients increase transparency in light of volatile markets and regulatory scrutiny.
JAPAN - Mercer is considering launching its implemented consulting service in the Japanese institutional market.
JAPAN - Japan's corporate pension funds have twice as much money entrusted to pooled accounts run by life companies and trust banks as they have under mandates awarded to asset managers, research shows.
MALAYSIA - Aberdeen Asset Management has hired Suhaila Suboh as Asian fixed income strategist and plans to expand the Asian debt team in Kuala Lampur, the firm said.
JAPAN - Chuo Mitsui Asset Trust and Banking has emerged as the Government Pension Investment Fund's (GPIF) largest external manager over the past year, while AXA Rosenberg has disappeared from the list.
BlackRock hires NEST's Gilbody; Aviva Investors; Liongate; Municipal Fire and Police Retirement System of Iowa; Ignis; HSBC Asset Management; Towers Watson; Acadian; Cardano; LGIM; Mercer
US/ASIA - HSBC Global Asset Management has named Deborah Hazell regional head of North America and Bill Maldonado Asia-Pacific chief investment officer in a move to bolster its emerging markets business.
JAPAN - UK hedge fund manager Quality Capital Management (QCM) has opened an office in Tokyo as part of plans to grow its Asia Pacific business.
SOUTH KOREA - The National Pension Service is understood to be investing 250bn won ($234.3m) into a Korean-led consortium for its project to buy golfing equipment brand Titleist, according to reports.