Capital Group CEO sees mid-sized asset managers getting ‘hollowed out’
Capital Group CEO Mike Gitlin expects smaller boutique firms to survive on satellite allocations and larger firms taking more market share of investors’ core exposure.
The former UBS employee will return as head of UBS GWM Australia.
Sunita Kara and Andre Klotz will manage global leveraged finance mandates high yield portfolios.
Long has been appointed to strengthen KGI’s wealth advisory business.
Dr. Dong Chen was previously chief Asia strategist at Pictet Wealth Management.
The Swiss bank also strengthens its client coverage team with two market heads for the Middle East.
The infrastructure specialist is expanding its presence in the Asia wealth market.
Mia Söderberg joins from Munich Re Group Investment Management.
Here is a digest of significant wealth and asset management appointments, promotions and departures during the previous month.
Tim Goodall will drive the growth of the company’s financial advisory business in Singapore.
Berardi will be responsible for global macroeconomics at the French asset manager.
The firm has also hired Steven McCole as the senior trader.
Stephen Yeung joins from UBS.
He takes over as CEO of Sytz Group’s private banking arm from Yvan Gaillard.
Charlie Chen has been promoted to chief executive officer of Harvest Global Investments.
Collins Chin joins from OCBC, the parent of Bank of Singapore.
The appointment follows the opening of Fiera Capital Asia’s Tokyo office in October 2025.