A senior fund manager's departure will herald increased responsibility for the Asian equities team led by Ng Soo Nam.
AsianInvestor reported on Wednesday that Sandra Cheng, head of institutional business for Southeast Asia at Columbia Threadneedle, was leaving the fund house. She is in fact still an employee of the firm, said a spokeswoman.
Another fund house has benefited from the closure of Syz Asset Management’s Hong Kong office with an appointment to its wholesale distribution team.
In the first of a series of articles on the fixed income outlook for this year, fund managers say bond investors are not pricing sufficient inflation into their expectations.
Even a ‘yes’ vote in the constitutional referendum this weekend would still leave the country facing a shaky banking sector and rising populist sentiment, say fund managers.
State Street Global Advisors has hired an industry veteran to run its regional business following the departure of Ting Li earlier this year.