Industry veteran Mark Speciale is leaving the French fund house to return to the US after 22 years in Asia.
The firm has placed management of Asia fixed income under its emerging market debt team in London, soon after closing three global bond funds and reorganising its EM equity setup.
Investment and finance executives say the city’s government may have damaged its image as a financial centre with its push to pass an unpopular extradition law.
Asset owners and fund managers gathered at the annual AsianInvestor 14th Asian Investment Summit on May 21 and 22 to learn about the latest investment trends in Asia.
The large and fast-growing US fund house has poached an executive from Pimco to replace Carlo Venes after his promotion and relocation to head office.
The mounting trade war between China and the US has caused equity corrections, but fund managers say regional debt could perform best if a favourable trade deal is struck.