Asia
CBA’s wealth management spin-off surprises market
The Commonwealth Bank of Australia (CBA) is to de-merge its wealth management and mortgage businesses and undertake a review of its general insurance business, with a view to potentially selling it.
China nationalises troubled insurer Anbang
Insurance giant Anbang is entirely under government control after the country’s regulator confirmed it has seized over 98% of the formerly privately-held conglomerate.
Eastspring steps up multi-asset game
Eastspring Investments is looking at ESG and China-focused multi-asset products and adding people to its investment team, according to Colin Graham, Singapore-based chief investment officer for multi-asset solutions.
ESG: the art of predicting the future
Socially-responsible investing is not about short-term gains, says Union Investment’s sustainability chief Florian Sommer, it’s about divining future business trends and working out which companies are best able to adapt.
Investing in Africa is still a tough sell
Negative headlines have done little to help managers make investing in Africa an attractive proposition, but the sheer size of the continent and the opportunities on offer mean it is worth taking a second look, says Ashburton Investments’ Paul Clark,