Arne Lindman steps down as Asia-Pac CEO as Fidelity removes the role to “simplify its structure”. Mark Talbot and Judy Marlinski are appointed to the global operating committee.
In a week that could determine the fate of the single-currency bloc, managers confront some worst-case outcomes, while the ADB outlines its base case for East Asia.
Mark Talbot comes out of retirement to become Fidelity’s Asia ex-Japan MD. He will drive development in its retail, wholesale and institutional businesses in the region from June 27.
They expect banks to continue to dominate the distribution of traditional mutual funds and not ETFs, but admit to concerns over future industry growth.
Following the departure of Brett Goodin in May, Arne Lindman will replace him as Asia-Pacific president and CEO this coming April.
Graham Mason will move from South Africa to Hong Kong as fund management CEO for Asia, with Guy Strapp becoming his right-hand man.