This publication can confirm that Standard Chartered’s private bank has appointed Kirk Tan, head of credit structuring ASEAN and South Asia, a development coming shortly after another, similar appointment by the bank was announced here a few days ago.
Published by Asia Asset Management – 3rd July 2017
Aberdeen Asset Management (Aberdeen) will acquire Taipei-based asset manager Value Partners Concord Asset Management (VPCAM) from its shareholders, including Value Partners Group and Concord Securities Co, for an undisclosed sum in a move that will allow the Scottish company to access the island state’s onshore fund market.
After strong AUM growth last year, the Japanese fund house has created the role of global head of operations to better coordinate this function across its international businesses.
Published by Wealth Briefing Asia – 30th June 2017
Aviva Investors, the global asset management business of Aviva, has appointed Charles Wong as head of wholesale distribution Asia. He will be based in Singapore.
Published by Wealth Briefing Asia – 30th June 2017
In a speech this week the head of the MAS has spelled out why his organisation took the action it deed to expel banks and punish individuals over the Malaysia-linked illicit money scandal.
In the race to lure talent for global firms’ regional headquarters, Hong Kong and Singapore have long been neck-and-neck. While many companies make their managers locate in one or the other city — often depending on whether their duties focus more on Southeast Asia, or on China — others give top talent a choice.
Ajay Kanwal, who was heading Standard Chartered Plc’s South and Southeast Asian operations till November 2016, has joined private equity firm TPG as a senior adviser in Singapore.
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