FWD adds deputy CIO as assets soar to $50 billion

FWD has appointed a deputy chief investment officer for its fast-expanding asset portfolio, as the Hong Kong-based insurer continues acquiring companies in Asia. Andreas Hoffmann took up the newly created role late last month, reporting to group CIO Paul Carrett. He has relocated from his previous role in Munich at rival insurer Generali. Hoffmann will provide depth to the investment team and help oversee FWD's fast-growing assets under management, Carrett told AsianInvestor. Th…