This week…
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Mirae Asset Global Investments (Hong Kong) has launched an Asia bond fund. Benchmarked against the JP Morgan Asia Credit Index and focusing primarily on short to medium duration investment grade credit, the Mirae Asset Asia Bond Fund will also invest in government, supranational and high-yield names… UK-based alternative asset manager Prestige Fund Management has launched a dedicated share class for a Middle East-based sovereign wealth fund. The new mandate, with an initial investment of $20m, involves a minimum three-year commitment to the firm’s direct lending strategy… |
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Natixis Asset Management Asia has appointed Chong Chou as its Singapore-based head of Asian equities management. He assumed his role on 2 April and is responsible for managing Asian equity funds, with assets under management of around €500m ($550m). He replaced Francois Theret, who will remain with the firm but will be returning to Paris. Chong was previously a Singapore-based investment director for Asia equities at Aberdeen Asset Management, where he co-managed a team of 40 staff… Franklin Templeton Investments has named Simon Coxeter as managing director and head of investment solutions, effective 4 May. He is responsible for developing and managing multi-asset, multi-strategy investment solutions for institutional and retail clients in Asia, excluding Japan and Australia. The role is newly created, according to a spokeswoman of the firm, who noted that the firm already has multi-asset capabilities. She added that there has been an increasing specialisation in the teams as they mature and respond to client needs. Before Franklin Templeton, Coxeter was a principal for the investment arm of consultantcy firm Mercer… Neuberger Berman has appointed Jonathan Bailey as its New York-based head of environmental, social and governance (ESG) investing. He will be responsible for working with the firm’s investment teams and research departments to further incorporate ESG principles into its equities, fixed income and alternatives platforms… Hedge funds and institutional assets data and analytics provider eVestment has named Kazunari Sasaki as vice president of Japan business development. He is responsible for helping new and existing clients in Japan, including pensions and insurance companies, asset managers and investment consultants to better understand and utilise the data eVestment collects… The Hong Kong Society of Financial Analysts, a member society of the CFA Institute, has appointed Calvin Cheung as its new managing director, succeeding Cedric Wong… |
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Old Mutual International has signed an agreement to become the title sponsor of the Hong Kong Rugby Union’s Men’s (HKRU) Domestic Leagues for 2017-2018. Starting next season, the HKRU’s men’s leagues will be titled “Old Mutual International Men’s Domestic Leagues”… |
