Schroders hires North Asia multi-asset head; NNIP hires saleswoman from Investec; JP Morgan PB's Asia equity head exits; Sequoia adds strategic development chief; Neuberger replaces Chestnut Luk; BMO Global AM loses Xie Yi; Northern Trust names Sydney head; PineBridge adds multi-asset analyst.
Myanmar's stock market is on the cusp of opening the door to foreigners. They could be forgiven for not rushing in, despite the new exchange's best efforts.
It makes sense for Chinese regulators to restrict domestic insurance firms' aggressive moves into risk assets. Doing so should reduce market volatility and boost bond liquidity.
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The French fund house will cut poorly performing and overlapping funds and focus on products close to client preferences, as it aims to build Asia AUM, said the group deputy CIO.
Deutsche AM hires new APAC head; Rockspring poaches regional chief from KIC; Northern Trust appoints Japan president; JP Morgan hires Singapore client advisor: Aprea elects new chairman; Hermes adds senior economist; Simmons & Simmons gains Beijing partner; BNY Mellon adds RM head for depositary receipts; Leonteq gains new CEO, board members.
Credit Suisse promotes new two senior roles and RMs; Philip Tso leaves Willis Towers Watson; Eastspring Investments installs alts CIO; BlackRock adds trio in Australia; JLL hires Asia fund advisory chief; Vanguard adds to China team; UBP hires investment adviser for South Asia; Franklin Templeton appoints Australia MD; Cryptocurrency firm Monaco names senior VP; RHTLaw Taylor Wessing creates private wealth head role.
The $126 billion state pension fund will hand out the new overseas-focused mandate in mid-November, amid rising volatility in global markets.
The regional chief of the French fund manager explains why it made the latest move in a spate of M&A taking place among active asset managers across the globe.
The family office of Steven Cohen, the founder of now-defunct US hedge fund SAC Capital, is expanding aggressively. It is expected to seek external money next year.
Alina Chiew has resurfaced in Hong Kong at Canada’s biggest pension fund as it steadily expands its investment team in Asia.
The UK-based fund house has poached a UBS veteran for the newly created role.
AllianceBernstein, Allianz GI, Eastspring, Franklin Templeton, JP Morgan AM and Schroders again win programme awards in Taiwan. But there are concerns on potential polarisation.
The biggest Chinese private bank aims to greatly increase its Hong Kong relationship managers, but a senior executive admits achieving this goal will be very challenging.