Press

3 October 2016

Janus and Henderson to merge

Published by Institutional Asset Manager – 3rd October 2016

Anglo-Australian investment firm Henderson Group is to merge with US-based Janus Capital Group to create a combined firm with more than GBP250 billion in assets under management.

The deal is being described as a “merger of equals” although Henderson’s investors will own 57 per cent of the new Janus Henderson Global Investors company and Janus’ the remaining 43 per cent.

30 September 2016

Arrivals and Departures at Standard Chartered

Publsihed by Finews Asia – 30th September 2016

Standard Chartered continues to calibrate its managing structure in Singapore and has announced the addition of another two senior bankers to its Private Banking unit and the departure of the Ultra High Net Worth unit head.

Andrew Ho will join the bank as Managing Director and Market Head, Indonesia, and Vishal Jain joins as Managing Director and Market Head, Global South Asia Community (GSAC) Asia, the bank said in a statement.

30 September 2016

Top-Level Private Bank Executive In Singapore Leaves, Replacement Named

Published by Wealth Briefing Asia – 30th September 2016

Stephen Richards Evans, global head, UHNW at Standard Charted’s private bank, and market head, Indonesia, is leaving the post, this publication can exclusively report. He has been based in Singapore.

This publication understands that his move is part of a series of changes put in place at Standard Chartered in the wake of the appointment in July of former senior Barclays manager Srinivas (Srini) Siripurapu as regional head, private banking, ASEAN and South Asia, and as global head, non-resident Indian clients. Siripurapu took over the regional leadership for ASA from Peter Kok, whose role was then combined within the former’s expanded remit.

29 September 2016

BNP Paribas Wealth Management in Taiwan Has Implemented Olympic Banking System

Published by Finews Asia – 29th September 2016

The Taiwan-based operations join those using Olympic Banking System in Singapore, Hong Kong among a number of other locations. Swiss based banking software firm ERI has announced that BNP Paribas Wealth Management in Taiwan has successfully implemented the Olympic Banking System for managing their business.

Commenting on the go-live Christian Blanc, Chief Information Officer at BNP Paribas Wealth Management, said: “We are very proud of the involvement of all the IT, business and operations areas of the organisation in ensuring that the go-live of the application has been a success and is able to immediately bring real benefits to the business.

28 September 2016

Bank Of Singapore’s Greater China Team Head Leaves Bank

Published by Wealth Briefing Asia – 26th September 2016

Bank of Singapore’s Greater China team head, and a former member of parliament in Singapore, has left the bank, this publication can confirm.

“Arthur Fong has tendered his resignation and is currently serving notice. His last position with Bank of Singapore was managing director and team head, reporting to Oliver Tang, market head, Greater China,” a spokesperson told WealthBriefingAsia in an emailed statement late last week.

28 September 2016

Amundi hires Wan Howe Chung to head up Asian fixed income

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.

27 September 2016

ANZ Slashes Singapore Jobs

Published by Finews.asia – 27th September 2016

In May this year ANZ announced job cuts at its Melbourne headquarters of around 200 positions. When asked by finews.asia at that time the bank said there were no plans for job cuts in Asia.

Now a report from local Singaporean publication Today has revealed a steady stream of retrenchments at the Australian firms city-state operations. The report details that in the region of 20 percent or 400 positions have been lost in «cost cutting» exercises.

27 September 2016

Lombard Odier Boosts Southeast Asia Team

Published by Finews.asia – 27th September 2016

Geneva headquartered Lombard Odier has boosted its ASEAN coverage with the recruitment of an additional Senior Relationship Manager. The new hire will report directly to the Singapore CEO.

In a statement to finews.asia a bank spokesperson confirmed that Sandy Lim has joined Lombard Odier Singapore as a Senior Relationship Manager (RM) focusing on the Southeast Asian market. He will hold the title of Executive Director at Lombard Odier Singapore and will report directly to Vincent Magnenat, CEO Singapore and Head of Private Banking, Asia.

26 September 2016

Sumitomo Mitsui Trust appoints managing director for international business

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.

23 September 2016

Grace Tam joins HSBC Global AM from Credit Suisse Private Banking

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.