HKEx names head of ETF business
Hong Kong Exchanges and Clearing has appointed Brian Roberts as head of exchange-traded funds business in its product development department.
Roberts joined HKEx in the newly created role on October 22 and reports to Rebecca Brosnan, HKEx’s head of product development. The bourse could not clarify by press time who previously looked after Roberts' responsibilities.
Roberts previously worked for 12 years at US fund house Vanguard, including for the past three years in Hong Kong developing the Asia ETF strategy and building a product team. He was also responsible for launching the firm’s Canadian ETF business.
Vanguard did not respond by press time to a query about whether Roberts had been or would be replaced.
Romnesh Lamba, HKEx’s co-head of global markets, said: “Over the past two years, ETFs have become an important part of our business both in terms of new listings and trading volume.”
Pictet sees Southeast Asia CEO exit
Anuj Khanna, chief executive of South and Southeast Asia at Pictet & Cie, is leaving the firm, reports Asian Private Banker. Today (October 23) is his last day.
Claude Haberer, Asia CEO of Pictet Wealth based in Hong Kong, will take over his responsibilities until a new CEO is appointed.
AsianInvestor could not ascertain Khanna’s next destination.
With 20 years of experience in banking, Khanna had joined Pictet in January 2012. Before that he was based in Hong Kong with Credit Suisse Private Banking as head of North Asia for four years and then Asia-Pacific chief operating officer for one year.
Dong Sinh Ngo leaves Credit Agricole Private Banking
After three years with Credit Agricole Private Banking, Dong Sinh Ngo has left his role as Hong Kong head of markets and investment solutions, reports Asian Private Banker.
The French firm confirmed his departure but declined to say whether he had been or would be replaced.
Ngo had joined the firm in November 2012 as head of advisory for Hong Kong from BNP Paribas Asset Management, where he was chief strategist for emerging markets and Asia.
BNP Paribas Investment Partners appoints new global head
Frédéric Janbon has been appointed head of BNP Paribas Investment Partners as of October 20. He succeeds Philippe Marchessaux, who will advise him during a transition period.
Marchessaux had spent six years with BNPP IP overseeing the integration of asset management teams from ABN Amro and Fortis into the firm. He will now take on another project within the BNP Paribas group.
Janbon will for the time being split his time between London and Paris, but the firm could not clarify by press time where he will be officially based.
He has served in various management positions at BNP Paribas in the interest rate, derivatives and options markets. He was most recently special adviser to group’s general management. Before that, he served as the bank’s global head of fixed income from 2005 to end-2014.
BNPP IP’s assets under management stood at €532 billion ($591 billion) as at June 30.
Bi-Sam and Stradegi to partner in Asia
Bi-Sam, a provider of digital solutions for performance, attribution, risk and reporting, has struck a partnership with Stradegi, an Asian management consulting firm focused on the investment management industry.
The relationship follows the firms’ collaboration on an implementation of the Bi-Sam B-One investment performance platform this year for a government agency pension fund in East Asia.
Stradegi will support Bi-Sam’s business development across Asia Pacific and provide local implementation and customer support for Bi-Sam’s B-One platform.
UOB moves to new Hong Kong offices
Singapore’s United Overseas Bank (UOB) has moved to bigger premises in Hong Kong to accommodate its expanding wholesale banking business. With an increase of 70% in total area, the biggest of the offices is at Garden Road, which accounts for around 60% of the total area.
The official opening on October 20 was part of the bank’s Hong Kong Golden Jubilee celebrations. In addition to celebrating 50 years in the city, where it placed its first overseas office, UOB is also commemorating the 80th anniversary of its founding.
The group said it has expanded its team of bankers in Hong Kong by almost half over the past three years. They are mainly specialists in wholesale banking services, such as cash management, trade finance and investment banking.
Broadridge expands Emea client team
Broadridge Financial Solutions has hired two senior executives for its London office to expand support for financial institutions.
Kimberly Jewell has joined as managing director of global accounts and will support Broadridge’s tier-one global clients in Europe, the Middle East and Africa (Emea).
She joins from SunGard, with 20 years’ experience in North American and pan-European strategic planning, profit and loss management, marketing and business development in the capital markets industry.
Jewell has also served in executive client-facing roles at institutions including JP Morgan Chase, Fidelity Investments and Banc of America Securities.
Mike Thrower has joined Broadridge as head of sales for Emea, focused on clients across the capital markets, wealth and asset management segments.
He moves from Wall Street Systems, a provider of treasury, foreign exchange trade-processing and cross asset back-office services, where he was global head of sales and account management.
Broadridge had a global accounts team in place already, said a spokeswoman, but she did not clarify who had previously held the posts or looked after the responsibilities now taken by Jewell and Thrower.
The company provides investor communications and technology solutions for broker-dealers, banks, mutual funds and corporate issuers globally.
Other people news reported on AsianInvestor.net this week: