A former team head for the Singapore market at Citi Private Bank has moved to a similar role as a managing director at the German firm.
The CSRC has awarded Australia's first RQFII licence to a Vanguard subsidiary. And with the renminbi scheme expanding rapidly, last week Deutsche revealed it had received Germany's first licence.
Market participants see Asian investors' interest rising in private equity secondaries amid frustration over the slow pace of exits from primary PE deals in the region.
Deutsche Asset & Wealth Management will move an emerging-market investment team to Hong Kong from Europe, as it increases its focus on North Asian institutions.
Several firms are readying mainland fixed income exchange-traded funds to list in the US, including the first to invest in Chinese interbank commercial paper under the RQFII scheme.
Henry Wong joins Elke Schoeppl-Jost, his former boss at BEA Union Investment, at Deutsche Asset & Wealth Management, which aims to expand its Asian bond fund range.