Julius Baer funds head quits; BMO hires ex-Rothschild MD; JP Morgan AM names Japan president; Credit Suisse makes private banking hire; Aviva appoints Taiwan head; and CBRE names new Asia CEO.
The former head of Asia at State Street Global Advisors has been hired by boutique bank Reorient as its co-CEO. Reorient is majority-owned by a holding company controlled by Alibaba founder Jack Ma.
Ken Tam has joined Canadian fund house RBC Global Asset Management as its new Hong Kong-based head of Asia. The previous holder of the position has moved to Europe and will be leaving the company.
OMGI chief resigns; ANZ loses mutual funds head; CVC appoints Korea chairman; Nomura hires trust business head; HK MMT names new chairman; and EY appoints forensic experts.
Fund managers say a Chinese recession is their biggest tail-risk fear, according to a new survey. It comes amid declining optimism over the global economy and a sharp reduction in EM allocations.
The former Cathay Conning AM chief is to join life insurer AIA in a senior investment role, reporting to group CEO Mark Tucker.