Several senior asset management executives in Thailand have switched firms in recent months, and many feel this signals a growing trend.
MFC Global Investment Management and Aberdeen Asset Management are among those with strategies targeting renminbi-denominated bonds issued in both mainland China and Hong Kong.
The move marks the institution's first Hong Kong dollar bond portfolio and the first time it has hired MFC Global Investment Management.
Pang Cheng Duan becomes Singapore head of fixed income, having previously worked for the Monetary Authority of Singapore and the city state's largest sovereign wealth fund.
Having created a head of Asian equities post, the UK firm has poached Colin Ng from MFC Global Investment Management to fill it.
Manulife subsidiary MFC Global Investment Management has appointed Linda Csellak as head of Asia-Pacific equities to replace Colin Ng.