Nomura Wealth Management’s Asia deputy head steps down

Published by Finews.asia – 23rd November 2016

J.P. Morgan Asset Management has appointed a new Chief Executive Officer and Country Head of global investment management for Australia.

In this newly-created role, Rachel Farrell will oversee all of J.P. Morgan Asset Management (JPMAM) operations in Australia and will assume direct responsibility for both JPMAM’s funds and the firms institutional businesses in the country.

Published by The Business Times – 22nd November 2016

GIC group president Lim Siong Guan, 69, will be handing over the reins of leading the Singapore sovereign wealth fund to Lim Chow Kiat, 45, who will be its chief executive officer come Jan 1, 2017.GIC announced on Monday evening a slew of changes to its top brass. They will come into effect just eight months after a previous shuffle.The younger Mr Lim is currently the group’s chief investment officer and deputy group president. He was appointed to the latter designation in April.The elder Mr Lim will retire, and be appointed adviser to the GIC Group executive committee on Jan 1, 2017, wrote the release.  Four other appointments have also been made that will take effect on the same day.

Published by Wealthbriefing – 22 November 2016

The multi-boutique asset manager, which has $1.7 trillion of assets under management, has added to its team in Hong Kong.

BNY Mellon Investment Management has appointed Chris Tse as head of intermediary distribution, Hong Kong.Previously, Tse spent five years as director and regional head of business development within the firm’s Asia division, where he was responsible for leading a team and driving growth across the region. Prior to that, he held key positions at Prudential, Credit Agricole Asset Management, Franklin Templeton Investments and Manulife International.

Published by Asia Asset Management – 21st November 2016

China’s state-owned investment vehicle, China Investment Corporation (CIC), has appointed Liu Jun, former deputy general manager of China Everbright Group, as executive vice president, effective November 17.

This is the third senior executive appointment made by CIC this year following the appointments of Qi Bin, former director of the international cooperation department of the China Securities Regulatory Commission (CSRC) as vice general manager, and Tu Guangshao, former vice mayor of Shanghai, as its other executive vice president in August this year.

Published by Financial Standard AU  – 21 November 2016

BlackRock Australia has merged its institutional and retail distribution teams and made senior hires from Vanguard, FIIG Securities, Rothschild and BT Financial Group.

Published by Finews Asia – 17th November 2016

Asset manager PineBridge Investments has created a new role of Chief Operating Officer for Asia. This announcement follows a series of appointments as the firm continues to grow its team and operations in Asia.

Taking up the position and based in Hong Kong will be Jennifer Theunissen. She will report to Global Chief Operating Officer, Julian Sluyters and Asia Chief Executive Officer, Rajeev Mittal,the firm said in a statement to finews.asia.

Published by Finews Asia – 16th November 2016

Point 72 Asset Management, the family office managing the assets of its founder, Steven A. Cohen, and eligible employees, has recently doubled its capacity in Singapore.

Point 72 Asset Management moved into a new 8,880 square foot space that can seat up to 60 employees, doubling the capacity of the Firm’s previous Singapore office.