ASIA-PACIFIC - The adoption of defined contribution (DC) pension schemes has grown rapidly to cope with the effects massive demographic shifts towards elderly populations, a report by Allianz Global Investors (AGI) has shown.
The report states falling birth rates and increasing longevity in the Asia-Pacific region has placed strain on traditional pension plans, putting the onus onto DC schemes to provide for retirement. Pension...
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...
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.
HONG KONG - Northern Trust will begin offering index equity portfolio management services from Hong Kong after receiving regulatory approval this week.