The Canadian institution's asset management arm has hired a senior executive to help develop its investment management business in the "must-win battlefield" of China.
BNY Mellon Investment Management has seen its Asia-Pacific co-head and head of distribution, Lindsay Wright, leave to pursue other opportunities.
The US firm does...
A solid track record and an international profile are among the factors named for David Park, the preferred prospect to lead investments at South Korea’s sovereign wealth fund.
Axa IM loses senior equity manager; Harvest grabs fixed income head from Manulife IM; Allianz names Asia life and health CEO; GAM adds Australia insto head; Aberdeen Standard hires investment specialist in Australia; HP Wealth expands team; East Capital internally promotes Asia head; Capital Group appoints marketing director; and more.
Investment and finance executives say the city’s government may have damaged its image as a financial centre with its push to pass an unpopular extradition law.
Demographic challenges and the need for diversification abroad push pension funds to look into new sources for desired returns in a low interest rate environment.