Capital Group hires Asia institutional head

The US firm’s investment management arm sees its co-head of Asia-Pacific and regional head of distribution move on.

Ex-APG AM man joins AMP Capital; UBS Pan-Asia fixed income head departing; Macquarie IM names Asia head, distribution chief; BNY Mellon WM's new Greater China head, and more.

Foreign asset managers are busy debuting onshore China products through their local units but hedge funds are in no rush to do so, thanks to high hurdles and low demand, say experts.

Lazard Asset Management has hired an Asia veteran to look after regional distribution. He comes from rival Capital Group, amid other changes at the latter firm.

Dimensional hires Korea insto head; BNPP AM Greater China sales head leaves; QIC promotes insto clients and marketing director; Janus Henderson replaces Asia distribution head; UBS AM loses real estate/private markets exec, and more.