Emerging-market equities will build on big recent gains, despite concerns over China, argue investment specialists at Pictet Asset Management and Societe Generale.
The French group’s reported move to exit its mainland fund joint venture comes as other foreign shareholders review their onshore build-outs amid rising China risks.
Lyxor AM says it will use part of its new Rmb6 billion quota to launch a China bond ETF, after it became the largest RQFII holder in France. It also plans to revamp its Asia product range over the summer.
Allianz GI names new Asia chief; Fidelity makes senior private banking hire; SocGen unveils new global markets team; Azentus alumni find new homes; and CVC recruits Japan head.
Pimco's Asia chief to retire; Monument hires in HK; SocGen adds in rates, credit; Henderson GI replaces China fund head; Nomura taps CICC for economist; and Anne Street appoints strategy chief.
A consortium of six global banks will target private banks with a network designed to boost price competition and transparency for structured products issued by different providers.