Tag: asia

Yu-Tsung Chang, head of Asia-Pacific ratings at Standard and Poor’s, talks about the role of rating agencies in Asia’s credit markets. The Carlyle group announces its second renminbi fund, in partnership with Fosun, with an initial capital of $100 million. Barclays Wealth hires Vikram Malhotra and two others from UBS, bringing to a dozen the number of senior bankers the British bank has poached from UBS in the past six months. Ed Bernard, vice-chairman of T Rowe Price, discusses the Baltimore firm's investment in Indian asset management company Unit Trust of India. The US fund manager has bolstered its team in Hong Kong with the hire of Elizabeth Trinh to cover Australia and South Asia. Asia's financial institutions should take advantage of an unusually open playing field, says Tony Tan of Singapore's Government Investment Corporation. Having created a head of Asian equities post, the UK firm has poached Colin Ng from MFC Global Investment Management to fill it. Private banker Vinay Gandhi leaves J.P. Morgan for UBS only weeks after he joined from Deutsche Bank. Strategist Aaron Gurwitz explains why 2010 is the time for investors to get exposure to equities and Asian currencies. Fund managers will seek help from administrators to reduce costs in 2010, as slow fund growth continues, predicts Alastair Murray, HSBC’s Asia-Pacific head of fund services. The State Bank of India and Macquarie have appointed Varun Bajpai and Praveen Gupta to senior management positions in their soon-to-be-established India infrastructure fund. The newly appointed chairman of BlackRock Asia-Pacific discusses the asset manager's structure and objectives for the region. Daiwa Securities SMBC is the latest bank to set up an enhanced electronic trading platform in Asia, despite growing criticism of dark pools. Chris Keogh is moving from Beijing to Tokyo as Japan co-head at Goldman Sachs Asset Management, a new role that will coordinate activity with South Korea and China. Nomura Asset Management leads the pack of 29 $1 billion-plus fund launches in Asia-Pacific this year. Teresa Parker talks about expanding the US firm's transition management and risk reporting services in the region. Sandie O’Connor of JP Morgan is positive on the prospects for collateral management, securities lending and transition management, despite a third-quarter drop in revenue for ... The Swiss private bank cites its sustainable investment credentials as an advantage when it comes to offering a range of Islamic wealth products. The exchange-traded fund market has come a long way since the launch of the first Asia ex-Japan ETF a decade ago. The focus will be on managers that originate from Asia and the Middle East.