Moves

Bank of New York Mellon appoints Asia-Pacific chairman

Chris Sturdy takes on the Asia-Pacific chairmanship and is replaced by Cole-Fontayn as head of the bank's depositary receipt business.

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The Chinese yuan is:



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Overvalued versus the dollar
  19%
 
Undervalued versus the dollar
  49%
 
At fair value versus the dollar
  32%
TOTAL VOTES: 59
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May 2012 Magazine
AsianInvestor Magazine

What's in this issue

Family offices come of age
Consumer-bank distributors speak
Hedge funds: the next generation