HKEx names ETF business head; Pictet's Anuj Khanna exits; Credit Agricole PB's HK investment solutions head departs; BNPP IP names global chief; Stradegi partners Bi-Sam in Asia; UOB moves to new HK offices; and Broadridge expands team.
Pimco's Asia chief to retire; Monument hires in HK; SocGen adds in rates, credit; Henderson GI replaces China fund head; Nomura taps CICC for economist; and Anne Street appoints strategy chief.
Agency broker Newedge is developing its stock-lending and equities execution capabilities following its acquisition by Société Générale this year and a global restructuring in 2012.
Chinese fund managers are eyeing yield-hungry Europeans following Luxembourg's move to allow RQFII Ucits bond products, notes David Li of CACEIS, which is awaiting a trustee licence in Hong Kong.
BNP Paribas IP poaches BlackRock exec, Credit Agricole hires from BoA-ML, Julius Baer moves to new HK office, BNY Mellon launches new business in Japan, HK SFC appoints non-executive directors.
JP Morgan hires UBS executive, Mizuho names fixed income head, Threadneedle bolsters business development, Deutsche appoints EM equity head and Sarasin taps MD.
Despite this week's run on the stock market as China's central bank moved to limit lending, fund managers are confident a crisis can be averted.
Boasting a broader array of issuers based on credit fundamentals not just FX appreciation, the $25 billion offshore RMB bond market is catching the eye of insurers, among others.
The new chief executive will aim to expand Credit Agricole's private banking business in the region.
The transfer from Société Générale Asset Management will ensure compliance with Chinese ownership rules and allow Lyxor to operate on the mainland for the first time.
Investment Outlook Series: Raphael Wu, associate director for investment at CAAM, says China benefits from having the greatest policy flexibility to stimulate the economy.
The fund house has named Chris Tse as head of fund distribution for Hong Kong, China, and Taiwan.