JPMorgan expands real estate research team

The Swiss fund house has named a new regional chief. His predecessor and the Asia head of distribution have departed, the latter to UBS Wealth Management.

Schroders hires Asia private bank sales head; OCBC buys NAB's wealth arm; CMA acquires Willis Towers Watson's wealth business; Amundi replaces HK COO; Credit Suisse PB's Asia product head to exit; Peter Ryan-Kane sets up firm; Transamerica Life adds commercial chief; Indosuez WM hires ex-ANZ banker; WTW adds insurance consultant

The largest pension fund in Thailand is expanding its investment division with a view to implementing a long-planned ten-fold jump in its overseas allocation.

Certain leveraged and inverse exchange-traded funds newly listed in Hong Kong are being traded far more heavily than others, which has led some to question the source of demand.

Big fixed income investors will see the newly approved China-Hong Kong bond trading link as inferior to other access channels, though smaller players should find it useful, say industry experts.