The Hong Kong-based fund house has promoted internally to fill the role, amid an ongoing management reshuffle.
Hongta AMC has become China’s 72nd fund management firm, in a move that underscores how the shareholding structure of such companies is becoming more diversified.
The US firm, recently rebranded from TIAA Global Asset Management, is expanding its sales team and is expected to target Asia’s wholesale market over time.
The fund house has added a portfolio manager and compliance director. AsianInvestor spoke to China head Yu Xiaobo about his plans.
Manulife Wealth and Asset Management has named its new Asia head of product development to replace Elka Leung.
Having the right fee model is key, among other things, says Philippe Legrand, CEO of London & Capital Asia.