Deutsche AM hires Asia property head; StanChart PB replaces Asean/South Asia head; EFG announces Asia boss; JP Morgan PB names Asia equities head; FPI installs new HK MD; Partners Group to open in Manila; Credit Suisse PB replaces Philippines head; Singapore EAM poaches from Credit Suisse; and OCP adds PM.
The UK bank’s shutdown of its equity derivative and convertible bond divisions seems unlikely to have major implications for the investment industry.
Despite the bank’s sudden – and seemingly unexpected – shutdown of much of its equity business, recruiters do not expect a mass personnel move to the funds industry in Asia.
Standard Chartered's advice to asset managers creating Hong Kong-domiciled funds to sell into China: create products that are both simple and strongly performing.
The bank's Singapore-based head of funds research is set to leave, and recruiters suspect we are poised for a round of cuts in a tough market for product-focused staff at firms in Asia.
Brad Levitt and Anton Martin are both promoted to Singapore-based roles.
Bank names new regional head for financial institutions, Greater China & Japan.
Standard Chartered old hand named the head of client relationships, Hong Kong, wholesale banking.
The new associate director in its loans distribution team makes the move from BNP.
Bank boosts its South East Asian loan team.
Will Shropshire joins from Deutsche Bank.
New appointments made in the bank''s loan distribution department.