Several senior staff are believed to have left the fund house following its merger with Pioneer Investments, including heads for Asia institutional and China, as well as a lead equities PM.
Signs of improvement in the US labour and housing market and a pick-up in consumer sentiment are driving optimism that the global economic cycle may see an upturn...
China Renaissance sets up new teams; senior credit analyst exits Fidelity; Bank of Singapore Greater China market head retiring; Dyal Capital hires executive; Principal International upgrades VPs and more
Fidelity International is understood to have created a Greater China head of investment solutions role, while Manulife AM’s international head of portfolio solutions has moved on.
Even though US share valuations are stretched and Asian stock markets are on a roll, Asian institutions are still reluctant to stop overweighting Wall Street in favour of Asia.
Sovereign wealth funds in Asia and beyond are looking at unusual asset classes in order to improve long-term returns. It's leading them to push investing boundaries.