Japan’s new prime minister - seen as the status quo candidate when he succeeded his party colleague Yoshihide Suga recently - is to contest a general election this weekend. As a result, there was little early prospect of the kind of structural reforms that would excite markets, David Whitehouse reports.

Without dedicated China equity allocations, investors miss an exceptional opportunity to enhance their portfolios’ prospective risk-adjusted returns, and fully capitalize on the diversification and alpha offered by China’s public equity space.

David Hunt, president and chief executive of PGIM, tells Romil Patel about leading a top 10 global asset manager in times where “empowering and encouraging the kind of investment decisions as close to the assets as possible gets you the most power” and more.

Eastspring Investments has named Bill Maldonado as head of equities.

The infrastructure investment needs in Asia Pacific are enormous – underpinned by strong economic growth, relatively underserved existing infrastructure and favourable macro and demographic themes, writes Simon La Greca of AMP Capital.