UBS AM loses Hong Kong head to KKR; Prudential names new head of Hong Kong investments; Prudential’s Asia group CIO to leave on sabbatical; GIC to hire five executives for infra, private equity and private credit; OTPP grows Asia team, plans 15 additions in 2021; Schroders hires head of sustainability strategy in ESG push
Tag : ben rudd
The life insurer has promoted Fanda Ho to replace Ben Rudd, who recently moved to a new internal role.
Ben Rudd has switched posts after four years as chief investment officer for the life insurer's Hong Kong business, and further changes are coming.
The CIOs of Prudential Hong Kong and FWD outlined their investment approaches at the FundForum Asia event on Tuesday.
The UK life insurer is reorganising its Asian investment team, say sources; it has brought in local CIOs for Singapore and Hong Kong and aims to do the same in Malaysia.
The British insurer has hired Ben Rudd from family office Caravel as its first Hong Kong chief investment officer, while two high-level investment staff have taken jobs elsewhere.
Some fund managers are arguing the case for Asian equities despite the likelihood of further US interest rate rises this year.
Ping An Asset Management’s head of overseas investment is leaving the firm to become the first CIO at Caravel Asset Management in Hong Kong, with a remit to hire.
While generally positive on the opportunities in Asia’s high-yield credit market, fund managers do have concerns, not least about the risks of CNH bonds.