Markets Archives - Page 49 of 191

JP Morgan Private Bank’s Singapore and southeast Asia head to leave

James Wey will be succeeded by Paul Thompson, who currently heads the Hong Kong and the Philippines team.

According to the influential Bank of America survey, only 5% of fund managers now have an overweight position in Chinese equities.

Chew Sutat is a former managing director at the Singapore Exchange.

The United Vietnam Equities fund will be run out of UOBAM’s office in Ho Chi Minh City.

This week FSA presents a quick comparison of two Europe inc UK products: Ninety One European Equity and T Rowe Price European Equity.

Called the DBS Multi Family Office Foundry VCC, the platform will operate as an umbrella VCC with underlying sub-funds.

Stacy Wong, who brings with her over 25 years of experience in the wealth management sector, joins from UBS.

In Asia, Jin Yee Young is joining the firm after just six months at Deutsche Bank.

The new initiative will bring together lawyers, trust companies, accountants, private banks and more.

Performance was boosted by ‘robust’ stock picking in the consumer space.