Prudential beats Amundi in Thai asset manager auction

The private bank is bringing in a bond market veteran as chief investment officer, with the current incumbent set to take on another role.

Global fund houses have been expanding their coverage of Asia's fast-growing insurance segment, but may find smaller firms more fertile ground than the bigger players.

Speculation is rife that Chinese insurer Ping An is eyeing the Asian division of British peer Prudential, but other outcomes are being mooted. What would this mean for each firm?

Aberdeen SI names HK chief; StanChart PB poaches DBS pair; Citi PB hires alts director in Singapore; Heitman appoints Apac acquisitions director; BlackRock hires India private credit MD; VP Bank hires SE Asia PB chief.

AMG opens in Japan, appoints adviser; Rothschild WM closes Singapore office; EFG rings changes; Khazanah names new chair, MD and board; APG's new global CIO; Pimco names Taiwan GM; Vontobel names head of IM for Asia; Investec AM's SE Asia head, and more.