Bangladesh, Pakistan and Sri Lanka are new markets for the UK fund manager. Meanwhile, algorithms need to adapt to new trading hours in the region, says its Asia head of trading.
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Several investment business heads have left the consultancy following a group-wide shakeup. They include two executives in Asia and the global head of alternatives.
Prudential Asia names new CIO and CEO; China Universal's head of international business departs; Rajesh Manwani reportedly to join Julius Baer; Credit Suisse appoints adviser in Japan; Pictet adds North Asia banker; UBS hires exec for South Asia desk; Colliers shuffles China team; Myer Family Company hires NAB exec.
The fund house has poached Bin Han from Credit Suisse amid a raft of recent hires to its institutional and wholesale teams across Hong Kong and Singapore.
The Australian fund house has poached from Deutsche Asset Management and Invesco to add to its private bank and intermediary sales teams for North Asia.
The Swiss fund house has named a new regional chief. His predecessor and the Asia head of distribution have departed, the latter to UBS Wealth Management.
Certain leveraged and inverse exchange-traded funds newly listed in Hong Kong are being traded far more heavily than others, which has led some to question the source of demand.
The largest pension fund in Thailand is expanding its investment division with a view to implementing a long-planned ten-fold jump in its overseas allocation.
Big fixed income investors will see the newly approved China-Hong Kong bond trading link as inferior to other access channels, though smaller players should find it useful, say industry experts.
Stuck between a need for yield and concerns about risk, institutional investors are recognising the benefits of a Smart Beta approach, according to Amundi.
The $462 billion state pension fund has just hired two more private-market portfolio managers in Singapore and is looking to add three in London and two in New York.