Albert Teoh joins the Canadian firm starting this month, AsianInvestor can reveal.
Market experts point to premier Narendra Modi's reform progress, and the country's swift growth and thriving private sector, among other factors. They are rather less keen on China.
Following the announcement of an ETF trading link to be created between Hong Kong and China, industry players outline the features they most want to see from its establishment.
BMO Global AM names institutional sales head; WMA hires CIO; Manulife splits distribution, marketing roles; Everstone hires India exec; Mirae Asset moves ETF exec to HK; Vontobel WM adds in HK; Lumen hires former UBP MD; PGI adds in Australia; and Natixis AM names new CEO.
BMO's funds arm will release its five-year outlook today, in which it sees China, India and Japan helping drive a worldwide economic recovery, despite a huge increase in global debt since 2008.
The Canadian group's private banking head outlines plans to serve family investors in Asia including setting up a trust company in HK. It is also recruiting to expand its regional footprint.