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.
JP Morgan AM names Asia CPM head; Nikko AM buys 15% stake in Ark IM; Robeco replaces Japan president; China AMC HK hires new ETF head; Julius Baer replaces Asia head of advisory; HSBC PB replaces Asia head of credit advisory; VP Bank adds Singapore BD head; Grant Thornton hires Australia wealth advisory head.
The only real surprise about Moody’s cut in China’s rating was the timing. But some see the move yesterday as a signal of doubt that may stall the opening of mainland bond markets.
Last month we reported BlueBay's closure of its HK office, the departure of BlackRock's Asia COO, Allianz hiring a new Asia CIO, various big multi-asset moves, and the winners of our awards.
As part of his stated goal of creating a more business-friendly environment, the new US president plans to "do a number" on the 2010 Act. How far will he go?
In our penultimate Year of the Rooster prediction, AsianInvestor examines whether institutions will further reduce their investment expectations this year.