The firm is set to fill the vacancy left by Mandy Chan with a hire from BNP Paribas Asset Management, which is promoting internally to cover her departure.
China has loosened its recently unified rules for asset management products as credit creation in the country slows, default risk rises and the wider economic uncertainties stemming...
KIC reshuffles leadership team; BlackRock Alternative Advisors' Asia head exits; Denise Ying leaves Franklin Templeton's institutional team; Muzinich adds private debt duo in Singapore; Natixis IM names HK, Macau institutional head; Merian confirms departure of North Asia sales chief; Minority AM sets up in HK; and more.
Nobody can ignore the rapid evolution of China over recent decades. And as one of the first countries globally to try to return to ‘normal’ following the pandemic, there are opportunities for investors to capitalise on the evolving domestic markets.
Capgemini’s latest report is a wake-up call for wealth managers as the heads of rich individuals are turned by big tech firms for information and value-added services.
As central banks provide further artificial support for listed assets, some asset owners have indicated that they may increase their exposure to unlisted assets.