Northern Trust Asset Management has promoted internally to replace Bo Kratz, who left late last year. The new chief will look to expand the firm's investment-outsourcing business in Asia.
The US-based firm names Bo Kratz from Northern Trust Asset Management as CEO of its Asia operations, including CCAM. He comes in to replace Mark Konyn.
So long as that GDP growth is cleaner and greener due to China's push to reduce corruption and pollution, said Wayne Bowers, the firm's CEO of Emea and Asia Pacific.
Northern Trust Asset Management has poached a senior salesman from UBS as the US firm looks to tap demand for inbound and outbound mainland investment, including from Europe.
AsianInvestor carried out a webcast with three executives from Northern Trust to learn more about the alternative indexing process.
Bo Kratz moves from alternative investments manager Permal to replace Kevin Hardy, following the latter’s move to BlackRock.