Hermes IM adds to global credit team; DBS PB to expand Dubai team; hedge fund redemptions continue; Fund Selector Asia wins State Street Institutional Press award; job movers in finance to expect higher salaries; former Standard Chartered private banking head acquitted for bribery; and more…
Online platforms are impacting investor communication, which needs to be in real-time after a market plunge, according to a joint study conducted by Scorpio Partnership and BNP Paribas.
Ex-Fullerton CEO reappears at Franklin Templeton; BNPP AM creates APAC chief marketing role; Robeco hires Blackrock’s APAC head of PB and wealth distribution; US-based Metlife receives AM licence in Hong Kong, while Barings Investment Advisers loses it; “millennial fund investors not unique”, warns Cerulli; and more…
Latin American bonds can be an attractive source of yield in the low interest rate environment, but hedges should be in place to protect against any spike in inflation, argues Guillermo Felices, senior market strategist at BNP Paribas Asset Management.
Schroders study shows link between organic food and sustainable investing; Value Partners to launch “Smart” Asia (ex-Japan) fund in Europe; UBS’ wealth biz’ profits up; Eaton Vance poaches from Pimco for chief compliance officer role; MAS announces senior management changes; and more…
Change at Fidelity; Standard Chartered and BNP Paribas WM hire; ICBC goes global; Blackrock and tech; Hugh Young on Asia; Hubris and investing; Gold and beer and much more.
Standard Chartered Private Bank has brought over executives from rivals HSBC Private Bank, Deutsche Bank and BNP Paribas Wealth in order to build Greater China and North Asia coverage.
UBS and Julius Baer are the 2H standouts showing big quarterly increases in Asia wealth management inflows as major private banks report first half results.
M&G Real Estate makes three senior appointments in Asia; Northern Trust appoints an institutional sales manager in Hong Kong; BNP Paribas names a new China CEO; China’s Creditease to provide investment advise in the US; Pimco and Impax see their AUM increase; Singapore and Thailand sign a fintech cooperation agreement; and more…
Wealth management firms sometimes outsource fund selection, but for what type of funds?
Part of the Mark Allen Group.
