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Threadneedle taps Samsung AM vet to lead new office in Seoul
trueChris Chan Suk Lee joined Threadneedle Investments in Seoul as Korea chief representative with the London-based firm’s newly opened representative office there.
Eastspring Investments names new president/CEO of Japan business
trueTsukasa Sekizaki has been named president and CEO of Eastspring Investments Japan.
South Korean companies required to enroll employees in retirement plans
trueSouth Korea's government said it plans to ease rules on pension fund management and force all companies to enroll employees in private retirement plans by 2022 as it bids to improve incomes among senior citizens.
KKR adds managing director to focus on Indonesia
trueJaka Prasetya joined KKR & Co. in Singapore as a managing director to lead KKR's efforts in Indonesia.
Orchid Asia closes sixth China growth capital fund at US$920 million
trueOrchid Asia Group Management announced Thursday the hard close of Orchid Asia VI, the Hong Kong-based firm's sixth China private equity growth capital fund, at US$920 million.
RBC Global Asset Management appoints first head of international business
trueClive Brown has been named CEO and managing director of RBC Global Asset Management International.
Manulife names international head of the firm's portfolio solutions group
truePeter Warnes joins Manulife Asset Management in Hong Kong as head, international, of the firm's portfolio solutions group.
UniSuper to buy more emerging Asian equities
trueUniSuper Management, the third-best performing Australian pension fund over 10 years, plans to buy more emerging Asian equities as the region's economic outlook improves.
Frontier, emerging markets performance strong despite tensions, data show
trueRising geopolitical tensions and intensifying crises across emerging and frontier markets have failed to halt positive performance, with these indexes outstripping returns in developed markets, data from Russell Investments show.
China Investment Corp. reports 9.3% gain for 2013 on its overseas portfolio
trueChina Investment Corp. Friday reported a 9.33% gain on the overseas portion of its investment portfolio for its fiscal year ended Dec. 31, which helped lift the value of its total portfolio to US$652.7 billion.
China Life Insurance Co. takes stake in TPG
trueChina Life Insurance Co. is making a $250 million investment in alternative investment firm TPG
MSIM appoints first head of long-only Asia fixed income
trueMichael Nolan, a managing director with Morgan Stanley Investment Management’s long-only fixed-income team, has relocated to Hong Kong from New York to take on the role of head of long-only Asia fixed income.
Singapore's GIC expects tough decade
trueSingapore's GIC reported annualized, nominal gains of 12.4% for the five years ended March 31, even as the sovereign wealth fund warned that capital markets aren't likely to be anywhere near that generous in the years to come.
Nikko Asset Management hires 6 from SWIP to form global equities team
trueNikko Asset Management created a global equities team with the hire of six investment professionals from Scottish Widows Investment Partnership, said Yu-Ming Wang, deputy president, global head of investment and international chief investment officer at the firm.
Joint venture to make environmentally friendly investments in Asia
trueRobeco Institutional Asset Management will manage assets of a newly created private equity joint venture that will make investments in environmentally supportive, low-carbon projects throughout Asia.