Abhi Shroff has left his role as Asia managing director of Greenwich Associates to join US fund house Pimco as head of Southeast Asia institutional business development.
Fund firms are boosting distribution teams with an eye on institutional investors expanding allocations to more specialist international asset classes, according to two reports.
Markus Ohlig will start in July as the firm's Asia head in Singapore, where the firm has opened a new office.
The institutional research firm lost its regional head recently, but is adding staff overall. It has almost trebled headcount across Hong Kong and Singapore since 2010.
Nine out of 10 Asian institutions express concern over the Fed's QE slowdown and prospect of rising rates. As they diversify they should outsource more, says Greenwich Associates.
Compensation is increasing for Asian equity and fixed income buy-side professionals, with investor inflows to the region forecast to drive salaries nearer to US levels, finds Greenwich.