Moves

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.

The US multi-affiliate firm, formerly Old Mutual Asset Management, is closing its Hong Kong umbrella sales office as part of a change in strategy amid the Covid-19 pandemic.

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.

Lead equity PM and analyst exit AllianzGI; Western Asset hires Korea institutional head; PNB offers WFH as permanent option; BNY Mellon replaces Korea country head; Deutsche Bank hires first Apac ESG head; JP Morgan AM expands ETF team.

Future Fund promotes CIO to CEO; Amundi relocates Vanessa Wang, names new Asia institutional chief; CDIB sets up structured credit team; Aberdeen Standard hires new Australia insto head; Fife Capital adds Asia property investment head; SingAlliance sets up HK unit and more.

The US fund house’s Asia chief and global chief operating officer has departed after a year-and-half in the role, along with a fixed income strategist.

The departure comes as the German fund house cuts a layer of management in the multi-asset division globally.

The British asset manager has internally re-assigned the duties of Kang Puay-Ju and David Lam following their departures.

Fidelity shuffles research and multi-asset heads; JP Morgan AM and AIA respectively appoint new Singapore chiefs; Robeco loses HK wholesale head; Vanguard's former Asia chief joins CLSA; Gao Capital hires portfolio manager; StanChart PB names deputy HK head; interest in remote working surges; S&P Global ESG unit adds sales duo, and more.

The Dutch asset manager is looking for a replacement following the exit of its head of China distribution at the end of March.

Japan Post Insurance's alts chief leaves for HarbourVest; Allianz Real Estate seeks Greater China acquisitions exec; Andrew Swan resurfaces at Man GLG; Manulife IM names Asia ESG head; Axa launches Architas Asia; BNP Paribas AM hires new Indonesia chief, and more.

China's third biggest insurer is growing the Hong Kong unit with an eye on more foreign assets, a planned London listing and, ultimately, managing money for external clients.

Value Partners names sole COO as Hepper retires; Schroders appoints deputy Singapore chief; CSOP replaces quant investment head; MAS creates new data department, names head; FWD employs consultant in Singapore; KKR adds private equity MD in Japan, and more.

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.