Moves

The recent departures include those of three segment chiefs for Asia-Pacific: the chairman for alternatives and heads of index strategy and of client relationships for factor strategies.

As its institutional asset base in Asia grows, the Scottish fund house has located a dealing duo in the region after launching an onshore China business late last year.

Schroders names new chiefs for Asia Pacific, Japan; BlackRock loses Asia equities head, reshuffles team; Robeco quant equities specialist returns to Europe; two HK fund house execs banned; T. Rowe Price names Greater China client director, and more.

Japan’s third biggest insurance company has shuffled its debt investment team.

The Hong Kong fund house has laid off senior executives, including its Southeast Asia head and managing director for alternative products, as it moves to rationalise its business further.

Continuity in asset allocation and investment strategy is widely expected at the world’s largest pension fund as it replaces Hiromichi Mizuno with an experienced banker.

The institutional fund distribution platform is pressing ahead with its second Asian branch, despite uncertainty following months of protests and, more recently, the coronavirus.

Barings's ex-head of sovereigns joins ETF firm; HSBC Securities Services gets new client head; AQR pares Asia sales team; KKR appoints Asia-Pacific tech investment head; CGS-CIMB hires chief investment strategist; EFG poaches IAM team from UBS; First State names head of investment product research; HSBC GAM has management reshuffle and more.

KIC appoints new deputy CIO; SSGA loses HK head of ETFs; Ping An AM portfolio manager exits; Bridgewater China hires tech head; Vanguard names new Asia head; BlackRock hires Apac head of iShares; CBRE Greater China advisory head departs and more.

The US firm's former Singapore chief is on gardening leave. Sources say he will take up an institutional client-focused role in Hong Kong at another large fund house.

The move is seen as unlikely to mean much change for asset owners in Asia Pacific, but fund managers will be keeping a close eye on how it develops.

The US asset manager is about to unveil the appointment of a Wellington Management veteran to fill a key role for its institutional business after recent senior staff changes.

SSGA loses head of Apac trading; New Singapore property GP hires for first fund; Franklin Templeton hires Asia head of alternatives sales; HSBC replaces Apac head of trade finance distribution; KKR names first Asia head of global impact; Lippo Karawaci adds first CIO; Lombard Odier appoints head of stewardship and more.

The US fund house has hired a long-standing senior employee of its British rival for a client-facing role and as head of Singapore, and a new Asia head of investment solutions.

Nuveen hires first Apac head of wealth management; FWD names new Singapore CEO; BNP Paribas unclear on Asia impact of French staff cuts; QIC replaces head of global private capital; Man GLG hires investment duo; and more.

The US fund house has seen the long-standing member of staff move on, but her next move is unclear.

LGIAsuper seeks two portfolio managers; HSBC Global AM shuffles Japan, Southeast Asia chiefs; Pimco's Todd Staley to return to the US; JP Morgan appoints new Asia CEO; Fidelity names HK wholesale head; J. Safra Sarasin replaces Asia CEO.

Future Fund's head of private property departs; HSBC global cuts to affect Asia; FTSE Russell names first Asia sustainable investment chief; Savills appoints Malaysia head of asset management; BNP Paribas AM's EM debt head exits; SingAlliance poaches from BNP Paribas; and more.

But while Morningstar sees the bond house as the "strength" of Franklin Templeton's takeover of Legg Mason, the merged firm may be vulnerable to competition from index fund managers.

The fund industry’s latest mega-takeover has big implications for the two firms and for their clients in Asia. AsianInvestor looks at issues that the deal raises.