The US firm has hired from UBS Asset Management as it strives to build on its retail heritage by creating a financial intermediaries business in Asia, with more appointments to come.
Mike Della Vedova, head of European high-yield at T. Rowe Price, gives his views on recent developments in Europe's bond markets.
The US fund firm has poached Scott Keller from UBS Global Asset Management to lead and build out its Asia distribution team and strengthen its intermediary network.
Many fund managers are betting on the demise of Europe’s single currency, but the consequences of such an outcome could dwarf the risk-management tactics of any sizeable portfolio.
Citic Securities has listed its 51% stake in China’s largest asset management firm for sale at an elevated price. Despite industry headwinds, it’s still viewed as a bargain.