The Japanese fund house has added a head of institutional business for China/Hong Kong and an ETF salesman and is also hiring a replacement Korea client coverage executive.
Capital Group names new Japan president; Robeco replaces Singapore chief; Hillhouse Capital hires ex-Blackstone MD; Vontobel expands EM debt team; HSBC Global AM names Apac ETF sales head; Manulife creates new digital business role; Stanchart names CIO for wealth management; TMF appoints fund services exec in Shanghai; and more.
The failure of an experienced investment team to raise capital for a new and well-performing distressed debt strategy highlights the challenges posed by Covid – including personal ones.
HSBC Global AM appoints new Asia fixed income chiefs; PAG names Japan PE co-heads; EquitiesFirst names Beijing office head; Noah Holdings CIO resigns; Pictet replaces Singapore chief; HKEX names interim CEO; Tahnoon Pasha departs Spencer Stuart and Asia; Newton IM poaches Aviva Investors' CEO.
The investment consultancy plans to replace its China wealth leader after he left last month. A principal on its alternatives team has also moved on.
Like certain other Canadian funds, Ontario Teachers’ Pension Plan is accelerating its regional buildout. It is focusing on adding talent in equities and real assets in Singapore.