PineBridge hires ex-Pimco Asia head; BAML boosts Japan research; Pindan Capital shuffles team; CBRE appoints Europe hotels head; and Milbank recruits partner from Allen & Overy.
PineBridge Investments has hired Stephan van Vliet to oversee insurance asset management, reflecting a rising trend in Asia.
David Jiang has started at active manager PineBridge Investments in New York. The former Asia-Pacific CEO of BNY Mellon AM sees his Asia experience as valuable to his future role.
They expect banks to continue to dominate the distribution of traditional mutual funds and not ETFs, but admit to concerns over future industry growth.
Thom Fisher moves to Tokyo as country head for BNY Mellon’s asset-management and asset-servicing businesses.
BNY Mellon Asset Management Japan promotes Shogo Yamaguchi to president.