Schroders’ Dorian Carrell addresses the limitations of 60/40
Dorian Carrell, head of multi-asset income at Schroders, bases his balanced strategy on three pillars.
High headline yields are still widely available, but tight credit spreads, elevated equity valuations and shifting correlations are changing where the strongest risk-adjusted income can be found. Flexibility may now matter as much as yield, says Grégoire Durel, Senior Investment Specialist, US, Amundi.
Singapore-based asset management firm Paragon Capital has hired former UBS and Credit Suisse MD as chief commercial officer.
Alternatives provide uncorrelated streams of alpha, a hedge against market volatility and different sources of income.
Following its initial launch in Hong Kong, Singapore is the second market to introduce HSBC Access.
Based in Singapore, Ahmed will lead IG’s consumer business across Asia Pacific.
Investors will be able to use HKDAP issued by Standard Chartered-led Anchorpoint Financial Limited to subscribe and redeem from the fund.
This week FSA compares two Greater China equities funds: the Manulife China Value fund and the PineBridge Greater China Equity fund.
The five internal appointees have been re-located to Hong Kong and Singapore.
Steven Chua be head of retail intermediaries, Singapore, and Suleen Law has been hired as head of private banks and family offices.
Schroders and ttb will start with a bespoke global multi-asset portfolio for ttb wealth securities’ private wealth clients.
The new office will also support the expansion of IFM’s private market capabilities across Asia.
As companies stay private longer and capture more of their growth while still private, a deepening secondary market and the rise of evergreen funds are strengthening the case for accessing venture capital and growth equity through evergreen vehicles.
The negative sentiment has spilled over into equities.
Kenneth Ong has been hired as Manulife IM’s head of equities, Singapore, replacing former head Chan Hock Fai who is retiring at year end.
The five strategies cover quants, high income, energy and Apac equities.
The former head of Asia Pacific investment strategy at Citi Private Bank will lead the firm’s investment function.