The funds industry veteran has left Cathay Conning Asset Management after more than three years as CEO. Cathay Conning has named the executive who has been put in charge of the Hong Kong office.
A buy-side group accuses brokers of using indications of interest to test market demand and fish for more business.
Annette Wargon, global general counsel for Allianz Global Investors and RCM, considers the rising challenges of regulations such Dodd-Frank and the Foreign Account Tax Compliance Act.
Northern Trust lifts 12 operations staff from AllianzGI as part of a deal to provide middle-office servicing for RCM in Asia-Pacific, Europe and North America.
As part of Allianz Global Investors, the fund house has declared Greater China sales a global initiative, says regional CEO Mark Konyn.
The asset manager, part of Germany’s Allianz group, is finalising a global deal to use a third party for services such as fund accounting.