A shift towards riskier assets, increased competition and weak profitability spells danger for the industry's near-term outlook, fears Moody's Investors Service
Tag : manulife
Fan quits China's largest fund house; Allianz hires new Korea CEO; SFC announces new advisory appointments; Manulife promotes Nutting in HK; Instinet adds sales executives.
And Asian wealth as a whole is over-concentrated in property and bank deposits, finds a Manulife survey.
Manulife Financial's inaugural investor sentiment index findings indicate some interesting differences between markets in the region.
Terrace Chum left his post as a managing director on the Greater China equities team last month to focus on his own business.
Blackstone names Singapore chairman, CS hires SE Asia private bank head, Manulife AM hires in Korea equities, Henderson Global appoints analyst, HKEx does LME reshuffle, Swift names new Asia head, law firms Sidley Austin and Debevoise make promotions.
The fund house aims to capitalise on Japanese pension plans' growing interest in new investment types, including Asian fixed income and certain alternatives.
