Schroders is acting in line with the sentiment of the vast majority of UK-based wealth managers as it has recently increased its emerging markets capability thanks to the recruitment of Craig Botham from the Prudential Regulatory Authority (PRA).
Category: People Moves
Fidelity’s Sanjeev Shah stays but ditches special situations
Sanjeev Shah is to take on a role at Fidelity’s portfolio manager academy after deciding he no longer wants to give 110% in a fund manager role which requires such a level of intensity.
Threadneedle builds up Asian equities team
Threadneedle Investments has appointed Soo Nam Ng as head of Asian equities (Asia), along with four additional prominent hires.
BNY Mellon AM poaches ING Japanese equity team
BNY Mellon Asset Management Japan has hired a six-strong Japanese equities team from ING Investment Management.
Credit Suisse names Neumann to succeed Ng
Credit Suisse has named Wolfgang Neumann to succeed Chuck Ng as head of external asset managers (EAM) in the Asia Pacific region, based in Singapore.
Old Mutual Wealth beefs up Asian op
Carol Wong has been named as Old Mutual Global Investors’ new head of distribution for Asia and is one of a trio of senior Hong Kong-based appointments aimed at expanding the asset manager’s and sister company Skandia International’s offshore businesses.
Baring poaches Schroders Luo
Baring Asset Management has hired Schroder Investment Management’s Laura Luo as head of Hong Kong China equities effective 12 September.
RBC Gam hires HK based head of Asian equities
RBC Global Asset Management, the asset management arm of Royal Bank of Canada, has poached JP Morgan Asset Management’s Mayur Nallamala as a senior portfolio manager and head of Asian equities.
BNY Mellon hires Credit Suisse Alex Buerge
BNY Mellon has appointed Credit Suisse’s Alex Buerge as head of investments and managing director for it’s new separately managed accounts business, which is likely to be launched by year-end.
Rhenman departs East Capital and relocates to HK
Gustav Rhenman is to leave East Capital, the Stockholm-based asset manager, at the end of the month, while Karine Hirn, a partner and co-founder East Capital, has relocated to Hong Kong.