The US fund giant’s Asia-Pacific chief operating officer has left after seven years in the role and 17 with the firm. He spoke to AsianInvestor about his next move.
The short-term impact of Standard Poor’s downgrade of the United States to AA from AAA is likely to be minimal, but the long-term implications are huge.
Korea's GEPS names CIO; ICBC CS hires index head, senior PM; JP Morgan loses Asean PM; Premia Partners poaches from iShares; China Merchants sets up Singapore private bank; Chubb Life replaces HK chief agency officer; Gibson Dunn hires; Hermes appoints fixed income head; Opus opens Singapore office.
Aberdeen and Franklin Templeton have just added senior hires in the region, while Credit Suisse Private Banking and Schroders have seen recent departures.
And yet Asian insurers' biggest allocation focus this year is investment-grade US corporate debt, finds the latest annual insurance survey by Goldman Sachs Asset Management.
The latest print edition of AsianInvestor is out now. With a revamped design, the magazine contains several new regular columns as well as the usual in-depth features.