Several investment business heads have left the consultancy following a group-wide shakeup. They include two executives in Asia and the global head of alternatives.
Khoon-Ming Ho has been appointed principal at KPMG Hong Kong, but will based in Beijing. Khoon Ming, who joined KPMG Hong Kong in 1995, specializes in PRC tax...
CIC officially opens in New York; Value Partners hires strategic planning manager; SSG Capital appoints ex-Wellington exec; Vanguard faces scepticism over new WFOE; Lombard Odier names Asia chair, CEO; Deutsche WM hires greater China quartet; HSBC PB names SE Asia equity head; HK SFC names advisory committee; Heitman adds Australia marketing head; SimCorp replaces Asia head; Unigestion hires quant research head.
Our biggest award of the year went to JP Morgan Asset Management. It combined a robust ongoing business with definite strides in client engagement and product evolution.
The Korean pension fund has just allocated $320 million to seven private equity managers. CIO Jang Dong-Hun tells AsianInvestor why they were chosen.
The case for boosting equity allocations is weakening for some asset owners, which are scaling back generally on risk or re-weighting their portfolios, say consultants.