The asset manager will reorganise its fixed income investment team in Asia after the departure of veteran Bryan Collins next month. His expertise will be missed, said Morningstar.
Buying and selling bonds, especially corporate bonds, remains a largely old-fashioned business in Asia, even as the region’s stock of debt denominated in hard currencies continues to...
Hong Kong’s mandatory provident fund trustees are facing a backlash for receiving high fee incomes despite offering poor returns and could see pressure to allow withdrawals.
Some private equity firms could struggle to get money for China-focused funds amid rising Sino-US tensions and after a private equity-backed mainland company admitted to fraud.
Ashley Alder reappointed as head of Hong Kong's SFC; Savills IM hires new senior executive for pan-Asia investments; T. Rowe Price appoints new head of Australia, New Zealand distribution; HSBC Private Banking names new head of products, investments; NN Investment Partners hires EM debt head; SC Lowy adds Europe head and more.
The emerging markets fund manager has reduced headcount and handed back its licences in Hong Kong in the face of economic uncertainty. But it retains a research function in the city.