The investment manager has made two hires in both Hong Kong and Singapore to strengthen its distribution team.
Bank J Safra Sarasin became a first-time RQFII recipient, while Allianz GI doubled their quota, according to records from the regulator.
Mary Lee has joined Bank J Safra Sarasin’s ultra-high-net-worth team as managing director for client advisory, based in Singapore.
3D printing, drones and blockchain are a few examples of technology expected to renew old economy manufacturing and services, but the tech adopters rather than the tech providers are the interesting investment opportunities, according to Tomasz Godziek, director at Bank J Safra Sarasin.
Bank J Safra Sarasin has appointed Vinay Gandhi as CEO of its Singapore branch, replacing Benedikt Maissen, who left the bank in early January, according to the bank’s spokeswoman.
The bank no longer believes in positioning for an inflationary environment and is instead looking for yield, Jan Amrit Poser, Bank J Safra Sarasin’s chief strategist and head of sustainability.