YesAsia.com appoints Greater China head

RBC adds pair to Asian WM team; Manulife AM poaches from UBS for wealth role; Bank of Singapore names China equity strategist; Contineo poaches sales head from SEB; StanChart PB hires Greater China MD; WTW names Li to expanded role; CBA names WM COO.

Commonwealth Bank's plan to dispose of Colonial First State is part of an industry consolidation that means any buyer would almost certainly come from outside Australia.

The de facto central bank's commitment to an IFC programme underscored its interest in infrastructure investing, following its opening of an office dedicated to such funding last year.

Asset managers, advisers and distributors in India say planned rules to separate provision of investment advice from sale of mutual funds will hamper investment industry growth.

The Hong Kong arm of China Everbright Group aims to raise its offshore infrastructure fund to $1 billion through China insurers and European investors, and inject more assets into it.