Principal GI names Asia head; DBS PB hires product strategy head; Amundi's Jenny Sofian exits; M&G Real Estate replaces Japan head; AMP Capital hires energy specialist; Northern Trust adds in HK; BNP Paribas names new China chief; BlackRock boosts Australia sales team; Credit Suisse makes Philippine switch; Charles Monat replaces HK CEO.
BNY Mellon Investment Management has shut down its separately managed account SMA platform and laid off up to 50 staff in Asia, sources have told AsianInvestor....
Leveraged and inverse exchange-traded funds contain an inherent inefficiency that can be exploited for profit by options traders, say industry experts.
Wealthy Asians are expected to retain and manage more money locally over time, and a growing number of global and local firms are eyeing the opportunities.
China's insurance regulator has issued additional guidelines around private equity investment by insurers, as they build exposure to the asset class, both as GPs and LPs.
The US-based asset manager has hired a Greater China equity portfolio manager and three other investment professionals.