AMP has appointed head of platform products John Keating to the role of head of wealth distribution, southern region, while Shaune Egan has been named head of platform development, joining from MLC.
Published by Asia Asset Management – 31st Oct 2018
US-based investment management firm Barings LLC (Barings) has appointed Mandy Lui as head of wealth and retail distribution for Greater China and Southeast Asia, responsible for managing sales, business development and client service.
Australia’s newest asset manager, Federation Asset Management, which aims to provide investors with access to asset classes that they have been historically unable to access, has launched its strategy and introduced its investment team.
Yarra Capital Management has extended the reach of its its Yarra Absolute Credit Fund, which recently became available to the firm’s institutional clients.
The Commonwealth Bank of Australia (CBA) has entered an agreement to sell its global asset management business, Colonial First State Global Asset Management (CFSGAM) to Japan’s Mitsubishi UFJ Trust and Banking Corporation.
Assets managed by the world’s largest 500 fund managers increased by 15.6% to $93.8trn globally in 2017, their fastest rate of growth since 2009, according to Willis Towers Watson.
Published by Asia Asset Management – 29th Oct 2018
Fidelity International has appointed Rajeev Mittal, former Asia Pacific chief executive officer (CEO) of PineBridge Investments, as managing director for Asia Pacific ex-Japan, effective January 16, 2019.
Richard Buxton, CEO of Merian Global Investors, reveals Asia priorities and gives his views on fee pressure, how a compact firm should operate, and why he doesn’t see market doom and gloom.
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