Bank of Singapore hires Rajeev De Mello as CIO

The two private banks have struck a deal that industry observers say makes sense for the firms and their clients and reflects a rising trend for wealth management alliances.

Hou Wey Fook, head of managed investment solutions at the private bank, outlines how his team incorporates active and passive funds in client portfolios, and its use of consultants.

The private banking arm of OCBC said it sees merit in investing into the unpopular asset class, as well as factor-based strategies and investments into innovative technology.

Legg Mason loses China insto head; Jack Lin talks new MSCI role; KKR lures CLSA man to become property head; Former WTW research head joins Oreana; Value Partners fund manager exits, and more.