The firm's Asia head of investment describes how it compiles its 250-strong fund list, half of which are run by external managers. He also explains the bank's strong conviction on Japan.
Asian Infrastructure Investment Bank installs CIO; search firm Stemp starts IM practice; RBC WM names Asia team lead; Nikko AM adds EM debt PM; Amundi replaces alternatives CIO; Pimco appoints Emea chief; and JP Morgan Private Bank hires Emea equities head.
JP Morgan Private Bank will see its Asia-Pacific deputy chief executive leave this month to take over as CEO of UK private bank Coutts.
The French private bank has poached from rival JP Morgan Private Bank to replace Asia chief investment strategist Stefan Hofer, who left late last year.
Our 16th and 17th most influential selectors are Gary Leung of BOCHK, who favours simplicity, and Lina Lim of JP Morgan Private Bank, a former equity manager.
The firm’s head of investments for Asia, Adam Tejpaul, is returning to New York for a new role after seven years. Its global head of equities is being flown in to replace him.
The firm has doubled regional headcount in the past three years, with the main focus on building its Singapore presence to a level similar to that in Hong Kong.
Andrew Cohen will relocate from Los Angeles to Hong Kong later this year to replace Paul Scibetta who will remain with the US firm.