Lazard Asset Management has hired an Asia veteran to look after regional distribution. He comes from rival Capital Group, amid other changes at the latter firm.
The $1.5 trillion US fund house has poached a sales veteran from Hong Kong rival Income Partners, as it sharpens its focus on different client segments.
The Hong Kong fixed income house is mulling renminbi debt products and further hires, having become the third foreign firm to receive an RQFII licence.
US investment firm Pyramis Global Investors is searching for an institutional head of sales based in its Hong Kong distribution office after Shen Tan exited a few weeks ago.
The institutional asset manager has hired Shen Tan from Deutsche Asset Management for the new post.