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.