Julius Baer hires new funds gatekeeper for Asia

Bank Julius Baer, one of the biggest managers of rich Asian clients' wealth, has filled a vacancy for the key investment role of head of fund specialists for Asia, a well-placed source has told AsianInvestor. Donald Rice is understood to be taking up the Singapore-based post, which was vacated by John Cappetta in August. Rice was formerly the head of alternatives and deputy head of fund solutions for Asia Pacific at rival private bank Credit Suisse, After around six years at Jul…