Manulife AM replaces Singapore chief, BMO Global AM promotes Asia head, new board chair for NZ Super, CBRE creates Greater China role and TH Real Estate adds in research.
Dynamic bond and equity income funds are forecast to dominate the low-yield environment, agree Fidelity and HSBC Global Asset Management.
Last year saw more bond than equity funds sold to HK retail investors for the first time this century. They accounted for 44.4% of industry sales in 2011, compared with 43.5% for equity.
The territory is the first Asian market to receive the multi-manager product, but it may not prove as popular in the region as it has in the UK.