In the first of a series based on our annual ranking of fund houses by Asia-Pacific assets, we unveil firms 76 to 100. Chinese companies dominate and are growing fast.
Hugh Young gets expanded role, UBS WM replaces SE Asia head, PGI adds in distribution, Credit Suisse rehires Stoehr, Old Mutal acquires AAM Advisory, Hong Leong group in reshuffle.
UBS WM's Asia head of global family office exits; Axa IM names Japan chairman; Bank of Singapore appoints head of advisory PM; Taiwan FSC replaces chairman; Invesco shuffles Mid East heads; Pictet AM poaches from Eaton Vance; Aberdeen creates insurance role; and more.
The new appointee is expected to start in March to succeed Corinne Cheok, who retired from the UK asset manager last September.
The UK fund house has poached from Nomura and Schroders with a view to expanding its institutional client base in Taiwan and its Islamic funds business in Malaysia.
The UK house, which has suffered outflows amid souring EM sentiment, has unveiled a new hire in Seoul in a drive to expand activities under its representative licence.