The asset manager has appointed product strategy veteran Doug Walls, a former BlackRock executive, to the newly created post.
Senior distributors recognise the need to drive fund penetration in Asia. The big question is how they can work together more efficiently to make the industry more appealing.
But there is still much discussion over the form those rules should take in Asia.
The Chicago-based fund of funds teams up with Hong Kong''s Oria Capital to launch an Asian note.
The bank''s global transaction services business hires two new product managers.
Jeff Williams leaves State Street to manage product development for the region, based in Sydney.