People Moves

Asian fund industry to gain from Lehman layoffs

By Rita Raagas De Ramos | 18 September 2008
Keywords: lehman | asia | jobs

Subscriber Content Preview.
.

Matching supply and demand remains the key challenge. Job seekers from the Lehman talent pool will also have to compete with US- and Europe-based Chinese who are returning to Asia.

Executive Access, a leading Asia-focused headhunting firm based in Hong Kong, received around 100 CVs from Lehman Brothers’ staff on Tuesday alone. Multiply that by the number of headhunting firms in Asia and that means thousands of CVs from former and existing Lehman staff (many are still awaiting their fate) are floating around by now.

And this is a good thing for Asia’s asset management industry, where the chief complaint has always been the shallow talent pool.

An exodus of fund managers, analysts, and other asset management professionals from Asia – as part of a ...

To continue reading this article, .

You need a subscription to view this article
Articles older than 48 hours are available to subscribers only.

Log in below or buy a subscription to enjoy unlimited access to AsianInvestor.net's quickly growing 7,000 article database.

Username:

Password:

Remember me | Forgot your password?

Credit Suisse private banking hires retired UBS veteran

The bank appoints James Hong as its first private banking chief executive for Hong Kong. Meanwhile, managing directors Betty Tsui and Edith Lau are said to have quit UBS Wealth Management.

By Leigh Powell | 3 September 2010

Restructured RREEF to go more local

After a tough couple of years, Deutsche Bank’s alternatives-investment arm has narrowed its investments solely to property and its Asia-Pacific client focus to four countries.

By Joe Marsh | 3 September 2010

Taxes raise cost of business in China for fund managers

The government is now implementing long-standing tax rules on fees accrued for managing overseas investments for mainland institutions.

By Jame DiBiasio | 3 September 2010

Asset Owners	Alternatives
Moves People Moves Business Moves	Markets
Distribution	Services
Views Outlooks Comment	Awards
Webcasts	Conference Highlights