Several senior staff are believed to have left the fund house following its merger with Pioneer Investments, including heads for Asia institutional and China, as well as a lead equities PM.
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The country's regulatory authorities could lift restrictions on repatriation of capital from qualified foreign institutional investor investments, offering new investment opportunities.
Last week mainland regulators handed private fund management licences to Invesco and Value Partners, and eased foreign-ownership limits on financial services firms.
Axa announces Asia CEO; Axa IM's Asia SWF head leaving; UBS AM hires director in Singapore; Sanctum WM appoints Singapore executive; HKMA makes senior appointments and more
In the first of a two-part article on Beijing’s easing of foreign-ownership limits on financial services firms, some market experts suggest the changes will not have a big impact.
The British asset manager has added to its real estate team in Singapore as it anticipates an eastward wave of capital from European institutions.
The $125 billion state fund is seeking managers for 15 mandates for its first overseas absolute-return equity portfolios, as it seeks to counter expected volatility in global markets.
China's latest consultation paper regarding the rules surrounding pension products looks set to heavily promote fund-of-funds as a key structure for such voluntary funds.
Having majority stakes in Chinese fund management joint ventures should give overseas firms more certainty in setting remuneration levels and bringing in talent.
M&G appoints Asia-Pacific chief; Axa IM names Asia real assets head; VP Bank's Singapore head to step down; Goldman's new MDs in Asia; BNY Mellon IM hires for China; J. Safra Sarasin adds to UHNWI team; and more.