People Moves | 3 Dec 13
vanguard names investment strategy apac head
Vanguard has appointed Jeffrey Johnson as head of its Asia Pacific investment strategy and research team.
macquarie completes acquisition of ing investment
Macquarie Investment Management, part of Macquarie Funds Group, has completed the acquisition of ING Investment Management Korea from ING Group.
hk mandatory pf accounts assets rise says cerulli
Assets in Hong Kong's Mandatory Provident Fund have more than doubled since 2008, accounting for about 63.5% of retirement investable assets despite the lack of clarity over fund expense ratios, according to Cerulli Associates.
hk equity funds fare best in q3
Equity funds were popular in Hong Kong during the third quarter notching up net inflows of US$1.8bn, while bonds funds suffered net outflows of US$2.7bn, according to the Hong Kong Investment Funds Association.
asian institutional assets to hit 17trn Cerulli
Cerulli Associates forecasts investable assets of Asia ex-Japan institutions to hit US$17trn (£10.55trn) by 2017, representing a compound annual growth rate of 10%, led by the Southeast Asian region.