Singapore’s asset management industry AUM increases by 9%

Published by Asia Asset Management – 28th September 2016

Wan Howe Chung has joined French asset manager Amundi as director, head of Asian fixed income at Amundi Singapore – he will report to Philip Chow, chief investment officer, global fixed income & foreign exchange (FX), Asia of Amundi Singapore. He joins the firm from Standish Mellon Asset Management, where he was the portfolio manager managing Asian fixed-income funds from Singapore as part of the Asian and emerging-market debt teams.

Published by Pensions & Investments – 26 September 2016

Yukihiro Murota was named managing director of Sumitomo Mitsui Trust International in London, said a spokeswoman.

Mr. Murota replaces Hisaya Kambayashi, who is returning to the $446 billion money manager’s head office in Tokyo to take on the newly created role as general manager of the fiduciary business planning department, she said. Mr. Kambayashi is responsible for global strategies in the money management business.

Published by Asia Asset Management – 23 September 2016

Grace Tam has joined HSBC Global Asset Management (HSBC Global AM) as an associate director and senior market specialist. Based in Hong Kong, she joins the firm from Credit Suisse Private Banking and reports to Alison Brown, director and head of sales of the company’s wholesale business.

Ms. Tam will mainly be responsible for supporting the retail distribution of HSBC funds in Hong Kong and China, and will look to bolster HSBC Global AM’s communication of its investment outlook and key investment events.

Published by Bloomberg – 20th September 2016 

Private equity firm KKR & Co. said Paul Yang, the president and chief executive officer of Taipei-based merchant bank China Development Financial Holding Corp., will head its greater China operations from January next year.

The announcement comes as two of the executives who helped to build KKR’s China business head for the exit.

Published by Hubbis – 20th September 2016

Chubb Life has named Raymond Ting as the chief agency officer as part of its Hong Kong operation.

Published by Yahoo Finance – 19th September 2016

Harvest Global Investments Ltd (‘HGI’) has appointed Ashley Dale as Chief Business Development Officer and Chief Marketing Officer. Based in Hong Kong and reporting to James Sun, CEO, he heads the marketing and overall business development for Asia, North & South America, Europe and The Middle East for one of Asia’s largest investment managers.