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Malaysia's EPF invests an additional $1.3 billion overseas in the first quarter
Malaysia's Employees Provident Fund allocated an additional 4 billion ringgit (US$1.3 billion) to overseas real estate, bonds and stocks in the quarter ended March 31.
Highland Capital taps PE veteran to lead Seoul office
Jun Park joined the Seoul office of alternatives investment firm Highland Capital Management as director of business development for Korea, a spokesman confirmed Tuesday.
BlackRock to acquire real estate manager MGPA
BlackRock announced Tuesday an agreement to acquire MGPA, a London-based private equity real estate investment manager.
BlackRock study: Asian institutional investors to boost active quant allocations
Asian institutional investors are poised to allocate more money to active quantitative strategies over the next three years, and money managers with local footprints in the region will have a leg up in winning that business, according to a study released Tuesday by BlackRock.
Northern Trust taps its India CEO to run Hong Kong, regional services
Brian Ovaert, a 21-year Northern Trust veteran, was appointed as the firm’s country manager for Hong Kong.
PIMCO chooses PM in Singapore for Asia credit, emerging markets corporate debt
Ronie Ganguly joined PIMCO in Singapore as a senior vice president and Asia credit/emerging markets corporate portfolio manager.
Vanguard to launch its first ETF in Asia ex-Australia
Vanguard is poised to list an exchange traded fund in Hong Kong - the company's first ETF in Asia ex-Australia, confirmed Shelly Painter, Vanguard's Hong Kong-based Asia regional managing director.
Japan, China buck trend of global decline
The downward trend in risk levels around the world continued into the first quarter of 2013, with two notable exceptions: Japan and China, according to the Axioma Insight Quarterly Risk Review.
ING seeing endgame in its plan to unload all Asian subsidiaries
ING Group NV's a la carte divestment of its investment management operations in Asia could be entering the final phase of a process marked by the seller's lack of leverage with potential buyers.
BlackRock hires first head of global capital markets for Asia-Pacific
Scott Greenberg joined BlackRock in Hong Kong as a managing director and Asia-Pacific head of global capital markets.
Eastspring Investments announces distribution push in Europe, U.K.
Eastspring Investments, the Asia money management arm of Prudential PLC, established a business in Luxembourg to distribute the firm’s Asia-focused investment strategies to institutional and retail investors in the U.K. and Europe, according to an Eastspring news release Wednesday.
Malaysian fund moves 11% of assets to external managers
Malaysia's 526.8 billion ringgit ($171.2 billion) Employees Provident Fund, Kuala Lumpur, outsourced 57.67 billion ringgit to external fund managers, or roughly 11% of the mandatory national retirement scheme's investment assets, according to an announcement April 4 on the EPF's website.
Somerset County Council Pension Fund on the hunt for Asia-Pacific ex-Japan equities
Somerset County Council Pension Fund, Taunton, England, issued an RFI for a manager to run a £40 million ($61.6 million) active Asia-Pacific ex-Japan equity strategy.
KKR appoints new CEO for Japan business
Hirofumi Hirano will join KKR Japan as managing director and CEO, effective April 15.
Japanese equity team joins BNY Mellon from ING
A six-person Japanese equities investment team led by Miyuki Kashima will join BNY Mellon Asset Management Japan from ING Mutual Funds Management Co. (Japan).