New rules seen to impact private fund launches in HK

T. Rowe Price caps Asia buildout with reshuffle; Transamerica Life Bermuda appoints Singapore CEO; BNP Paribas WM loses China market head; Susi Partners names Asia investment head; Point72 loses portfolio manager, and more

The Swiss private bank is understood to have lured an executive from BlackRock to succeed Johann Santer, who joined Fidelity International last month.

Domestic asset managers have high hopes as the third pillar of China’s pension system is opened up to them. Educational challenges lie ahead though.

A new report by Broadridge shows a sharp slowdown in fund sales in the second quarter as investors consider their next move more carefully.