Axa Investment Managers has hired a new director of private banking coverage for Asia as part of a bid to boost its coverage of the segment. More hires are expected as the firm grows its sales and marketing team.
Tag : fund distribution
In terms of asset gathering, fund managers should continue to look at North Asia, as it provides the largest retail and pension saving opportunities.
Having chosen Euroclear's fund-processing solution, the Korea Securities Depository will work with the Belgian firm to launch its new fund-distribution platform.
HSBC is waiting for a local incorporation license.
