Amundi’s long-serving CIO, Ray Jovanovich, is retiring, and HSBC’s Ayaz Ebrahim is joining to run Asia equities.
The transfer from Société Générale Asset Management will ensure compliance with Chinese ownership rules and allow Lyxor to operate on the mainland for the first time.
The real work of figuring out the structure of the Credit Agricole/SG asset management merger wonÆt begin until September.
Working groups are being set up to iron out the details of the merger and its impact on businesses in this region.
The combined entity will become the ninth largest asset manager in the world.
Credit Agricole Asset Management believes strategic relationships in North Asia can help it weather a tough start to 2009.
Credit Agricole Asset Management expects to generate alpha in equity portfolios from the agriculture sector, among other tactics.
Credit Agricole Asset Management is steadily bolstering its North Asia sales team.
The Bank of China is investing in international equity funds managed by Credit Agricole Asset Management and Fidelity.
Credit Agricole Asset Management says most macro scenarios will support the greenback.
As Richard Borysiewicz is hired as country head for Australia and New Zealand.
Credit Agricole AM's Jovanovich believes Asian ex-Japan equities can end the year on a positive note for investors.