Last week the Swiss firm halted dealing in its absolute return bond funds after suspending the products’ lead manager, in a move that has sparked concern about such strategies.
The Swiss fund house has named a new regional chief. His predecessor and the Asia head of distribution have departed, the latter to UBS Wealth Management.
The UK fund house will be hoping veteran manager Paul Kirkby can boost the negative recent performance of its Japan long/short strategy.
Equities in India and China have been identified as the major growth markets for hedge fund inflows this year, a new survey shows. And global macro is set to be the key investment strategy for 2015.
Following two recent departures to Swiss firm Syz, asset manager GAM is said to be revamping its sales team in Asia with a view to putting local heads in place.
China-focused hedge strategies posted the strongest gains last month, largely due to rebounding equity markets, as Japan funds continue to shine.