Pinnacle Investment Management has established a new affiliate, Alterum Investment Management, which will manage the assets of Blue Sky Alternative Access Fund.
QSuper chief investment officer, Brad Holzberger, has announced his intention to retire at the end of September 2019, with the fund commencing a global search for his replacement.
Schroders Wealth Management have announced the appointment of Jason Huang, subject to regulatory approval, as Senior Relationship Manager. In this newly created role, Jason, who is based in Hong Kong and joined in August, will be responsible for building Schroders’ wealth management client base with Greater China clients with assets in Hong Kong. He will report to Robert Ridland, Portfolio Director, Schroders Wealth Management.
US-based financial services provider State Street Corp. (State Street) has appointed Michele Hardeman as head of global markets for Asia Pacific, filling a position that had been vacant since the beginning of the year.
T Rowe makes leadership transition in APAC distribution team; Schroders’ HK CEO to return to Australia; fintech firm AG Delta poaches JP Morgan Private Bank’s tech exec; Fidelity partners with China AMC and Ant Fortune; Aviva Investors launches fixed income fund in Singapore; and more…
Principal hires two; Capital group adds; Zico gets licensed; Fidelity and Ant Financial survey; Axa and longevity; Schroders on Musk; advertising from JP Morgan and Franklin Templeton and much more.
Global asset managers are setting up in China, but lack of an onshore track record and brand recognition are among the challenges they face with onshore distribution, according to Aberdeen Standard and Fullerton.
Despite a 1H profit slide, Hong Kong-listed Value Partners said it intends to open sales offices in Malaysia and the US and possibly launch a ‘core China’ fund in Europe.
Chinese authorities have simplified procedures for Taiwan professionals to work in the fund industry and are now offering the exams in English.
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