Chris Ryan, who headed the index provider's Asia-Pacific operations for four years, has left to run an independent investment consultancy.
Regional pension funds are hunting yield from complex asset classes. But elevated prices and lack of risk awareness may leave them exposed.
Indices provider says that China equities' weighting could eventually become so great that the country will need its own stand-alone benchmark. And its Asia head expects A-share inclusion in EM indices by 2017.
Chris Ryan has joined to build the firm’s three business lines across the region. He replaces Deborah Yang who is relocating to Paris to run its Emea operations.
The firm promotes Geoff Lloyd from group executive for private wealth and retail distribution to replace Chris Ryan, who exits after a strategy disagreement with the board.
With a bid by KKR to acquire the Australian asset manager having fizzled, the way is clear for Asia veteran Ryan to give Perpetual a new direction.
And these firms should consider outsourcing, which carries in-built insurance against pricing errors, says Chris Ryan in his new role at Citi securities and funds services.
Ryan will court asset managers for Citi's securities and fund services.
Executive director of institutional business Julie Koo is exiting the US shop after 15 years of service and moving to another asset manager in Hong Kong.
Following the departure of Brett Goodin in May, Arne Lindman will replace him as Asia-Pacific president and CEO this coming April.
Special situations supremo Anthony Bolton is lured to Hong Kong by Eastern promise.
After nearly two years, the Asia-Pacific managing director steps down to pursue new ambitions, leaving the funds giant to seek a new regional head.