APS founder and CIO Wong Kok Hoi discusses the Singapore firm’s alliance with US-based Rothschild Asset Management and says a larger agreement is coming.
The private bank has replaced Alois Mueller and sees growing demand in Asia for multi-asset discretionary strategies. But it is not interested in partnering external asset managers.
Julius Baer funds head quits; BMO hires ex-Rothschild MD; JP Morgan AM names Japan president; Credit Suisse makes private banking hire; Aviva appoints Taiwan head; and CBRE names new Asia CEO.
With shareholders including Amundi, the IM Square platform aims to acquire minority stakes in “entrepreneurial” asset management companies in the US, Europe and Asia.
The Canadian private bank is also open to distribute funds approved under the mutual recognition fund scheme, says its fund gatekeeper.
Lombard Odier unveils new hires, Rothschild taps UBS pro, Asia Frontier bolsters HK office, Nikko AM names marketing head, Simmons & Simmons poaches from Sidley Austin.