The first acquisition sees Henderson acquire Perennial Fixed Interest Partners and Perennial Growth Management from IOOF and each company’s employee shareholders, while the second sees the firm increase its stake in 90 Western Asset Management to 100% from 41%.
Category: People Moves
Top SFC exec quits Hong Kong for UK
The executive director of enforcement at Hong Kong’s Securities and Futures Commission is quitting and will work for the UK Financial Conduct Authority.
HSBC to base Henry Lee in UK as global head of alts
Lee will move from Hong Kong to London as part of the promotion, according to several reports. He will continue with his current responsibilities as global head of discretionary investments for the private bank. He will also grow the bank’s alternatives business and embed the alternatives product portfolio – which includes hedge funds, real estate […]
Desmond Ng to lead Allianz Global’s Asia business
Eu takes over the role from Brian Gaffne, who will retire at the end of the year, the firm said. Ng will take charge of his role from January 2016. He will also join the firm’s global executive committee. Ng is currently the head of institutional business in Asia-Pacific and chief executive for Greater China […]
Edmond de Rothschild’s Hong Kong CEO quits
The bank confirmed to Fund Selector Asia that Chan has resigned, but said she has not yet left the firm. No further details were disclosed.
RWC Partners poaches entire team to start EM business
The London-based boutique investment management firm said it plans an office in Singapore, subject to regulatory approvals, and has set up in Miami. “An extremely unusual set of circumstances allowed us to recruit a fully formed institutional quality emerging and frontier markets investment team,” said Dan Mannix, CEO of RWC Partners. “This comes at an […]
PIMCO hires Ben Bernanke as advisor
Bernanke, who helped steer the US economy through the 2008 financial crisis, will guide PIMCO’s investment process and periodically meet with clients. “We look forward to benefitting from his extraordinary knowledge and expertise to help us add value for our clients,” Douglas Hodge, chief executive officer said. “His unrivalled experience in navigating the global economy […]
Temasek CEO Ho takes three-month sabbatical leave
Ho started her part-time sabbatical with immediate effect, the sovereign wealth fund said in a statement. “She will continue with her board duties and specific stewardship duties.” Ho joined Temasek in 2002 as an executive director and was elevated to the role of CEO in 2004. Prior to joining Temasek, she worked as president and […]
Fidelity taps BlackRock’s Gan for heading SE Asia private bank distribution
At BlackRock, Gan was director and head of retail segment, Singapore. During her 14 years stint, she has also worked with Schroders in senior sales role. She holds strong relationships with retail and private banks in Singapore, Fidelity said. “Our business has been demonstrating strong growth momentum over the past 18 months,” said Mike Nikou, […]
JP Morgan appoints Asia head of sovereign and institutional business
Farrell will be responsible for identifying new business opportunities in the market and for providing clients with service and strategic investment advice. Previously Farrell was head of sovereign and institutional business for South and South East Asia, Australia and New Zealand. She replaces Andrew Economos who left JP Morgan to join Capital Group in May last year. […]