GAM names Japan sales head; BNP Paribas WM confirms Lee hire; UBS adds to global family office team in Hong Kong; Nikko AM bulks up global equities team with new hire; Willis Towers Watson adds to financial solutions team; Hai Tong AM hires saleswoman from BMO Global AM; General Atlantic hires special adviser on Indonesia; Taiwan Life appoints new co-investment head
Asset managers in Hong Kong are seeking to put more money to work in equities, notably in developed markets, while slashing cash holdings and remaining especially bearish on...
The newly combined asset manager has filled the post in Shanghai by poaching from a rival created by another big recent merger.
The Chinese insurer has turned more cautious on overseas investments, but is fast raising its Hong Kong equity exposure, as its assets continue to swell.
The fund is joining the list of Asian asset owners looking to reduce their reliance on the Barclays Global Aggregate index. AsianInvestor spoke to HKHS's head of treasury.
GIC hires first CTO; BNP Paribas AM shuffles wholesale team, adds Australia sales head; Waterfield Advisors appoints first COO; Thirdrock adds five client advisers; Schroders replaces relationship director; Axa makes leadership changes; Taiwan FSC switches bureau heads; Insight Investment replaces distribution head.