Published by Asia Asset Management – 23rd May 2019
Japan’s Pension Fund Association for Local Government Officials has hired two fund managers for its latest domestic and foreign private equity mandates.
Separately, the Chinese joint venture firm saw $14bn flow into its money market fund since it joined Ant Financial’s online wealth management platform last year.
Published by Asia Asset Management – 22nd May 2019
MSCI Inc. has appointed Tay Kim as head of client coverage for South Korea, a position in which she will be responsible for building the US index provider’s presence across all product lines in the country, and bolstering coverage of leading asset owners and other clients.
Hong Kong’s GaoTeng Global Asset Management, a joint venture between China’s Tencent Holdings and Hillhouse Capital Group, has tied up with local online broker Futu Securities to launch a new service called Money Plus.
Janus Henderson Investors has made a key appointment, with Suzanne Cain joining the team from 20 May as global head of distribution, as well as joining the manager’s executive committee.
It seems that barring a sudden policy reversal by local regulators, JPMAM will soon become the first foreign firm to own a majority stake in a China asset manager.
In a major restructuring announcement, Manulife is unifying its institutional, retail and retirement wealth and asset management businesses around the world under a single, new brand: Manulife Investment Management.
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