Tokio Marine appoints new CEO for Asia region; Ben Rudd made CEO of Prudential Wealth Management; HKEX hires from Prudential; Samsung SRA appoints former KIC infra head as CEO; HSBC Asset Management appoints senior vice president; Morningstar names head of manager research for Europe and Asia; PGIM adds ESG lead for Europe and Asia; Apex Group adds Singapore managing director; and more.
David Kilgore has been hired as CQSÆs trading manager for Asia and he will manage the local trading team in Hong Kong. He joins from Barclays Capita in London where he was a managing director for global products and was responsible for convertible bonds, IPOs, rights issues and secondary placements.
David Welsh transfers from CQS in London. He is a developer for CQSÆs algorithmic trading strategies for the firmÆs equity and foreign exchange platforms. Before joining CQS, he worked at JPMorgan and Citadel.
Last month, CQS hired Michael Schulz from Lehman Brothers prime broking unit as its risk manager for Asia. Along with Schultz from Lehman came Laura Hui, appointed to a role as a relationship manager within CQSÆs marketing and investor relations team. At the same time, CQSÆs mining and natural resources specialist Andrew Ferguson transferred to Hong Kong from CQS London.
CQS launched an Asian convertible arbitrage hedge fund in 2007, named the CQS Asia Fund. It focuses on convertible bond and equity strategies, investing across Asia with a volatility bias. Alongside it is the firmÆs flagship, globally-themed, CQS Fund.
The Hong Kong office of CQS was established in 2005 by Brian Pohli. CQS was founded in 1999 by Michael Hintze who remains CIO. He previously ran convertible bonds at Credit Suisse First Boston and before that was at Salomon Brothers and Goldman Sachs.
China Life names Yuan Changqing as acting chairman; Future Super hires operations chief; China Life Franklin Asset Management CIO and deputy CEO leave; Willis Towers Watson has hired Kameswara Natakusumah as head of Indonesia; Prudential hires ex-Apac CEO for Allianz George David Sartorel as a non-executive director; Manulife IM hires into multi-asset solutions team in Asia; PineBridge Investments hires from BNY Mellon IM; and more.
The family office of Alibaba's co-founder likes to do its own hands-on due diligence and favours deals that can make a difference, rather than investments for the sake of ESG.
The Federal Reserve is now expected to hike interest rates as early as March and fed funds markets are pricing in up to four hikes in 2022.
The stock’s promising performance stands in sharp contrast to the less fortunate fates of other Chinese companies that have been affected by government clampdowns.