Ex-Pimco executive resurfaces at PineBridge
Multi-asset group PineBridge Investments has made Ana Dhoraisingam head of institutional business for Southeast Asia, effective from March 2.
Based in Singapore, Dhoraisingam will lead all sales activities for institutional clients in the region. She will report directly to Rajeev Mittal, CEO of PineBridge Asia.
Dhoraisingam joins PineBridge from bond fund house Pimco, which has seen a clutch of departures since founder and co-chief investment officer Bill Gross’ exit last September, as reported.
At Pimco, Dhoraisingam had served as Asia CEO and head of institutional business development for Southeast Asia in the firm's Singapore office.
Media reports suggest Dhoraisingam is replacing Michael Chae, who has joined the World Bank's International Finance Corporation in Singapore. Asked to confirm this, PineBridge spokeswoman Polly Ngai declined to comment.
PineBridge has also appointed Anik Sen as global head of equities, effective immediately. Sen is responsible for managing the firm’s $21.2 billion in global equities. He is based in New York and reports to PineBridge CEO David Jiang.
Sen joined PineBridge’s London office in 2008 where he held senior investment roles in global equities. He relocated to New York in June last year as interim global head of equities.
Robin Thorn, the former global head of equities, left PineBridge last year. Thorn joined the Abu Dhabi Investment Authority last August as senior strategist for equities. He reports to Ali Majid, head of equity strategy.
BAML recruits Japan equity strategist
The Japan research team at Bank of America-Merrill Lynch has hired Kenji Abe as Japan equity strategist, according to an internal memo seen by AsianInvestor.
Starting in Tokyo from April 2, he will report to Eiichi Katayama, head of Japan research at BoA-ML and work closely with Asia-Pacific equity strategist Ajay Kapur and the regional equity strategy team.
Abe joined from Citigroup Securities, where he was chief Japan equity strategist. Prior to that he worked as Japan equity strategist at Nomura Securities and an economist at Lehman Brothers, where he served on both the Japan and US economics teams.
Abe has replaced Naoki Kamiyama, who moved to Nikko Asset Management as chief strategist in January, as reported.
New general manager for Pindan
Perth-based Pindan Capital, the fundraising arm of Western Australia property developer Pindan Group, announced the appointment of Scott Davison as general manager.
Effective from mid-January, Davison will combine his new role with overall responsibility for business development. It comes after Scott Staniforth moved from Perth to Sydney this January to take on a new role as general manager for Australian eastern states. He was previously business development manager at Pindan Capital in Perth.
Pindan Capital opened a new office in Sydney last month and plans to double headcount at the office from three staff to six by the end of this year.
Last month the firm opened a Shanhgai office and has relocated Steven Pringle from investor relations manager in Perth to become its regional manager for China. He joined full-time client relations assistant Catherine Lee, who also joined the firm in January.
Pringle has been replaced by Emma Tamplin, who joined as an investment manager from Perth-based property firm Aspen Group in December 2014.
CBRE relocates Shanghai-based director
Property services firm CBRE announced the relocation of Jileen Loo from Shanghai to London to fill a newly created role as director of CBRE Hotels for Europe.
The move became effective from mid-January. Previously Loo held a number of Shanghai-based roles with the property services firms, including as a senior director from August 2008 to December 2012. She has also worked as associate director at Jones Lang LaSalle (March 2006-2008) and Colliers International (2001-2006).
A CBRE spokeswoman declined to provide details on the size of the CBRE EMEA or China hotels teams. She said Loo had not yet been replaced in her previous role with CBRE in Shanghai.
Milbank takes on partner from A&O
Law firm Milbank, Tweed, Hadley & McCloy has recruited corporate and capital markets adviser David Kuo from Allen & Overy, where he was a partner in Hong Kong.
Kuo, who joins as a partner, will be part of the firm’s global securities practice in Hong Kong. In Asia-Pacific he reports to David Zeman, Singapore-based managing partner at Milbank. He has advised on cross-border mergers and acquisitions as well as private equity transactions.
Allen & Overy spokeswoman Alexandra Quilichi declined to comment on Kuo’s departure and whether the firm is hiring a replacement.
Milbank spokesman Allan Ripp said the law firm was continuing to expand in Asia and had recently hired in Singapore and Tokyo, without providing further details.
Other people moves reported in the past two weeks by AsianInvestor: