Aldcroft has been in the fund and asset management industry in Asia Pacific for nearly four decades, and will be taking a short break in the UK before returning to Hong Kong next year.
Tag : citi
Wealth experts believe the rollout of Wealth Connect could help to entice wealthy individuals and then family offices to establish operations in the city, especially if initial quotas are raised.
Structural market changes and the onset of Mifid II are driving a move to online bond trading, even in Asia.
AsianInvestor reveals why Citi was named both asset services provider and consumer bank of the year in our annual Asset Management Awards.
As Hong Kong's securities regulator softens its stance on leveraged funds, Citi's Stewart Aldcroft dismisses concerns that they are unsuitable for local retail investors.
Citi says mainland debt is now eligible for its EM and regional government bond indexes, but has not given a time frame for inclusion, sparking more debate among fund managers.
MBK Partners has seen its sale of a 60% stake in CNS fall through again, underscoring the difficulty for private equity firms looking to exit Taiwan in the face of regulatory challenges.
Private bank LGT and JP Morgan Asset Management recommend selling emerging-market debt, but clients in Asia seem reluctant to do so.
Vanessa Wang has left the US bank after six years to take on a newly created regional business development role on the buy side.
Institutional investors' moves to run more portfolios in-house are also forcing service providers to adjust.
Despite concerns over the availability of private-market investments, institutions are showing more interest in building alternatives expertise, say fund-servicing executives.
Citi's wealth business in Asia grew its assets last year – no mean feat in tricky conditions – and rolled out useful new tools and products. For the firm's strong showing, we named it best consumer bank.