BNPP IP names Asia-Pac/EM head, Natixis appoints HK wholesale head, Northern Trust expands in Mid East, Walkers adds in HK, new Double Haven CEO, Schulte builds in HK
Man Investments is providing $150 million in proprietary capital to subsidiary GLG Partners' first Asia-focused hedge fund strategy, and expresses optimism over institutional interest in alternatives.
The US Foreign Account Tax Compliance Act (Fatca), which will start to bite on January 1, has major implications worldwide, say hedge fund and private equity executives.
A recent arrival to Asian shores, hedge fund GLG Partners is importing Andrew Thatcher to handle its relationships with investors.
The hedge fund will transfer traders and analysts from the US and Europe, while also hire locally.
The UK hedge-fund manager will advise the Korean Teachers’ Credit Union on its alternatives allocation.