Asia

ASIA - Schroders has appointed Western Asset Management's Rajeev De Mello as head of Asian fixed income.

GP speaks to global asset managers about where they see opportunities arising from the recovery.

ASIA - Asian stocks are increasingly offering both share price growth and dividend income, Newton believes.

ASIA - Fidelity International has promoted Judy Marlinski to president of the Japan business and scooped the former CEO of BGI's Asia business for a new managing director of Asia ex-Japan role.

ASIA - Baring Asset Management has appointed Wilfred Sit as chief investment officer of its Asia business.

JAPAN - Japanese pension funds plan to increase investments in alternative assets and pare their holdings of domestic bonds and stocks this fiscal year to diversify portfolios and bolster returns, a survey showed.

KAZAKHSTAN - BTA Bank is to merge two pension funds with a company managing pension assets to create the country's second largest retirement plan.

MALAYSIA - The Malaysian government plans to conduct a full review of institutional investment strategies to see if any changes could lead to a more robust local economy.

MALAYSIA - A new third pillar pension will be in place in Malaysia by year-end, prime minister Najib Razak said today.

ASIA - Northern Trust has appointed Margaret Law as head of client services for its asset servicing business in North Asia (ex-China).