The asset management unit of State Street Corporation, State Street Global Advisors, has appointed a new Managing Director and Head of Client Relationship Management for Southeast Asia.
Published by Wealth Briefing Asia – 15th December 2016
Aberdeen Asset Management has recruited John Campbell as global head of strategic clients and Jeff Klepacki as head of distribution for the Americas, while Antony John and Richard Pursglove join on a consultancy basis.
Campbell was previously business head of global services, UK, Middle East and Africa at State Street. Klepacki was previously a director at Capital Group, while John formerly served as chief executive of BNP Paribas Investment Partners/FundQuest. Pursglove has served as head of retail at Artemis Investment Management among other senior distribution roles, according to his LinkedIn profile.
Credit Suisse Group AG hired UBS Group AG’s Mike Stewart as head of equities, poaching a seasoned investment banker and wealth manager as it seeks to boost a business that has lagged behind peers this year.
Stewart, who had a similar role at UBS until 2015, will join Credit Suisse in New York in June, replacing Mike Paliotta. He will report to Brian Chin, who became head of global markets, the bank’s trading unit, in September, the Zurich-based lender said.
Published by Wealth Briefing Asia – 9th December 2016
The Private Wealth Management Association, which represents Hong Kong-based firms, has appointed Peter Stein as its managing director. He takes over from Joanne Leung, who will retire at the end of this year.
Stein has more than 20 years of experience. He joins from UBS, where he was head of regulatory advisory and relations. Prior to this, he was a senior editor in Hong Kong with the Wall Street Journal, working in both Mandarin and Cantonese.
Wing Lung Bank’s head of private banking and wealth management, Joseph Tam, left the firm on December 2. The firm declined to comment on his departure.
Published by Asia Asset Management – 8th December 2016
China’s National Council for Social Security Fund (NSSF) has appointed 21 domestic asset managers to undertake its new pension mandates. The bureau is looking to establish a new pension fund scheme dedicated to provincial or local pension accounts.
One day on from announcing Kanas Chan as the new head of North Asia wealth management, Deutsche Bank has made an addition to its Greater China wealth unit.
Published by Asian Private Banker – 1st December 2016
EFG Bank has appointed ABN AMRO’s former Southeast Asia head of private banking to a leadership role in Singapore, Asian Private Banker can reveal.
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