HKEx hires for new mainland team; Citi appoints Asia CEO; Northern Trust creates Melbourne team; Old Mutual gets new group chief; RidgeWorth makes sovereign wealth hire; and FTSE recruits for ESG.
Citi is deploying technology to diversify its product offering and make customer feedback more sophisticated and central to deciding how it provides advice.
GIC, Singapore's biggest sovereign wealth fund, says it has recovered half of last year's losses and indicates increasing allocation to alternative investments.
CitigroupÆs chief Asian strategist says stock price valuations in the region could rise above previous peaks, but not by much.
Citigroup report shows global fund managersÆ consensus weighting in Asia is at its most bearish in six years.
The build-out will complement hedge fund administration and sales already operating in Singapore.
The bank receives a regional mandate to provide securities services, fund accounting and fund administration in nine markets.
China's National Council for Social Security Fund selects custodians for its impending offshore investments.
Lehman hires career Citibanker, Surojit Shome, to head its India investment banking franchise.
The bank's GTS unit boosts regional agency and trust team by hiring from former JPMorgan pool.
CIMB launches exchange-traded fund to attract institutional and private investors.
Andrew Clarke brings a bevy of high-profile corporate contacts with him to the new role.