Harvest GI loses VP; KIC to double research team; BlackRock promotes in consultant relations; SFC reappoints CEO; RBC hires ex-SumiTrust manager; eVestment opens Dubai office; and Withers adds lawyer.
Pending licence approval, the international arm of China’s Harvest Fund Management is preparing to open a London office up early next year as a gateway to sell products in Europe.
Deutsche Asset & Wealth Management and Harvest Global Investments plan to list the exchange-traded fund in Europe, initially in London. January 16 is said to be the target date.
Hong Kong-based Harvest Global Investments is looking to use RQFII to broaden its brand penetration among retail investors in Hong Kong and overseas.
The firm will provide middle-office services to Harvest Global Investments to reduce costs while ensuring data confidentiality.
Ten months after Harvest announced its takeover of Deutsche Asset Management’s Asian and Greater China investment platform, Michele Bang stresses her firm is different from other mainland managers.