The US firm has hired from UBS Asset Management as it strives to build on its retail heritage by creating a financial intermediaries business in Asia, with more appointments to come.
The firm is set to announce an Asia head of its global strategic relationship group to align with its largest gatekeeper relationships. It plans to hire and is also adding in investments.
The US firm names Navin Suri from ING Investment Management as head of intermediary distribution for the region in a newly created role. He comes in with a hiring mandate.