The former Hong Kong head of Lehman Brothers, Kirk Sweeney, is tipped to be taking over as Asia chief executive at US hedge fund Millennium Management.
First State names new CIO, Baker joins Millennium, BlackRock adds alternatives co-head, Citi creates fund services role, Nomura appoints head of Asia equities, new Korea head at Deutsche, BoA-Merrill hires equity strategist, Deacons adds partner.
JT Capital's Greater China-focused fund will be transferred to a unit of seed investor Harvest, with Larry Zhang and Kurt Baker moving on.
Kurt Baker teams with Larry Zhang to found JT Capital Management, which will launch a hedge fund in September.
Ben Horner joins Cranmore Capital Advisers as the Hong Kong platformÆs chief operating officer.
The former patriarch of AsiaÆs prime broking community is developing a new Hong Kong platform to nurture a stable of asset management thoroughbreds.