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.
In his new role, Strid will report to Christopher Meens, managing director of SunGardÆs GMI in the UK and Europe and the Asia-Pacific. He takes on the role after John Warren has moved to a new role as SunGard Asia-PacificÆs managing director for the PeopleÆs Republic of China.
Prior to his Hong Kong posting, Strid was a senior sales consultant for GMI in New York. He brings 18 years experience to his new position in various operational, business analyst and management rolls in the global futures and derivatives arena.
GMI supports the activities of clearing firms, securities firms, brokerage houses, and other participants in derivatives trading, such as multinational agriculture and energy companies. The clearing and accounting system also links to exchanges worldwide for automatic trade capture and access to pricing updates, margins, and risk arrays, while also helping clients to eliminate manual processes and consolidate data in a single integrated accounting system, control costs and increase competitiveness. Currently, listed derivative transactions on more than 75 exchanges worldwide are supported by GMI.
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.