One of the most significant trends in the wealth management sector over the past year has been the sustained rise of the family office, as high-net-worth families have sought to adopt increasingly sophisticated ways of managing their wealth.

M&G Investments has appointed Matthew O’Sullivan as the head of Asia Pacific origination. He is tasked with building a credit and alternatives team in Singapore.

Three-quarters of 200 chief investment officers at insurance companies say they are struggling to make returns and are increasingly looking towards alternative investments.

Real estate investment manager, LaSalle Investment Management, has launched a Japan property fund with US$560 million of initial equity commitments from Japanese investors and loans extended by Japanese financial institutions.

Institutional investors in Asia are most likely to ramp up their allocation to alternatives heading into 2020 amid lingering uncertainty over economic and geopolitical risks in Europe and the US.