AIA Investment Management

Mark Konyn serves as Group Chief Investment Officer for AIA Group, a role he has held since 2013. He oversees investment strategy and asset allocation for the firm's general account across public and private markets. Konyn is based in Hong Kong and reports through the group's executive committee structure.

AIA Investment Management is the wholly owned in-house asset manager for AIA Group, one of the largest independent publicly listed pan-Asian life insurance companies. The entity manages the general-account assets backing AIA's insurance policies, as well as certain third-party mandates. It is not a separate profit-center asset manager but a captive function aligned to the insurance parent's balance-sheet objectives.

The portfolio spans global and Asian fixed income, public equities, private credit, infrastructure, and real estate. Fixed income forms the largest allocation, reflecting the duration-matching requirements of insurance liabilities. Alternatives — particularly direct private credit, infrastructure debt and equity, and Asian real estate — have grown in allocation weight as the firm seeks yield enhancement.

The firm employs a hybrid approach. It makes direct investments in fixed income and public equities through internal teams, and has built direct origination capabilities in Asian private credit and real estate. For infrastructure and certain private equity exposures, it invests via separate account mandates and co-investment arrangements with external GPs alongside direct positions.

AIA's primary insurance markets — and therefore the investment focus — span Hong Kong, mainland China, Thailand, Singapore, and Malaysia, with additional presence in markets including Vietnam, Indonesia, the Philippines, and Australia. The investment team operates from regional hubs in Hong Kong and Singapore, with local presence in major operating markets.