Our 14th and 15th most influential selectors are Bruno Lee of Manulife, who is helping the insurer reposition in Asia, and Rosita Lee, a 20-year veteran of Hang Seng Bank.
The Canadian insurance asset manager has lost a senior executive in Hong Kong as the group integrates its wealth and asset management units.
The city's funds association has tabled proposals which would see savers offered tax incentives and cash rebates in return for higher levels of pension contributions. But the plans face a sceptical public.
Julius Baer names new Asia chief; StanChart hires discretionary director; La Trobe boosts distribution sales team; Axa RE IM opens Seoul office; Eversheds hires partner for PE; and White & Case moves to Korea.
Net fund sales in the city fell by 50% in the first half of this year, new industry data shows. The sharp fall has been blamed on global economic uncertainty, but an association is hopeful sales will revive later this year.
Fidelity’s Asia head of retail is to join Manulife AM as the asset manager attempts to expand its regional distribution platform. And Fidelity has named the executive who will replace Lee.