The US firm, recently rebranded from TIAA Global Asset Management, is expanding its sales team and is expected to target Asia’s wholesale market over time.
Manulife Wealth and Asset Management has named its new Asia head of product development to replace Elka Leung.
Having the right fee model is key, among other things, says Philippe Legrand, CEO of London & Capital Asia.
The firm’s former Greater China head moved on shortly before the arrival of Mark Speciale last month as Asia-Pacific head of institutional business.
Several external asset managers in Asia are said to be wooing prospective acquirers, including private banks. But would such moves benefit clients?
Columbia Threadneedle names new Singapore CEO; Janus Henderson relocates Asia COO; Chris Faddy joins Aura Group; Hamilton Lane opens Australia office; Credit Suisse names HK DPM head; CreditEase wins US advisory licence; Vanguard, BNY Mellon name new CEOs.