The US firm's former Singapore chief is on gardening leave. Sources say he will take up an institutional client-focused role in Hong Kong at another large fund house.
Alternatives and emerging market equities will be Australian asset owners' preferred targets as they invest more offshore, a new survey by JP Morgan Asset Management reveals.
The French asset manager has appointed a new head of its China business, as competition in the country's asset management industry continues to heat up.
The US fund house has poached a senior executive from its rival in Shanghai as foreign firms continue their battle for talent to expand their capabilities in China.
The new appointee, who previously ran Asia insurance coverage for JP Morgan Asset Management, will be supported by another recent arrival.
JP Morgan Asset Management's highly respected Asia chief is to head the North American business of UK insurer Prudential. The US firm is tipped to name an in-house replacement.