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Lehman builds locally run Asia funds

By Jame DiBiasio | 6 May 2008
Keywords: lehman

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Lehman Brothers deepens its Asian investment-management expertise with a new team of Greater China experts run by former Huaan CIO Frank Yao.

The investment-management division of Lehman Brothers is building investment teams in specific Asian asset classes, complementing an existing capability in global investment products, say its Hong Kong-based executives.

Market sources report the firm is about to market its first Asia-specific investment products, privately placing a Greater China equity and an India real-estate fund. Lehman Brothers would not comment on any product or confirm it is in the process of marketing Asia-specific ones, but it was willing to talk about the steps it is taking to bolster its regional ...

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