UBS Warburg boosts team in Singapore

Singapore’s biggest insurer has sparked questions by replacing its experienced investment chief, Yoon Mun Thim, in another senior shakeup in the industry.

Pictet WM names CIO; Avanda IM hires manager selection executive; HSBC Southeast Asia PB head departs; Goldman Sachs Singapore names CEO; UBP appoints HK market head and more.

Manulife names Asia CEO; T. Rowe Price grabs APAC multi-asset head; StanChart bulks up North Asia private banking team; DBS expands team; Harvest Global adds HK staff; Taiwan FSC names chairman and many more.

Senior executives from China Investment Corporation and Silk Road Fund aim to invest huge sums into the Asia-to-Europe infrastructure project, but they admitted doing so is challenging.

Four foreign managers can now do business directly in China, with Fullerton looking to launch an equity fund and Man working on a quant strategy.