US companies are expected to have high earnings this year, but Bank of Singapore, UBS Wealth Management and Deutsche Bank Wealth Management are finding more opportunities in other equity markets.
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US companies are expected to have high earnings this year, but Bank of Singapore, UBS Wealth Management and Deutsche Bank Wealth Management are finding more opportunities in other equity markets.
In Asia-Pacific, Deutsche Bank Wealth Management has made 60 hires in six months, and the latest is Ingrid Widjaja for the role of Southeast Asia group head for client coverage.
Deutsche Bank Wealth Management has poached professionals from Credit Suisse, Nomura, UBP and BSI for various roles.
In Singapore, Deutsche Bank Wealth Management has added six relationship managers, including one that will fill a newly-created role.
Deutsche Bank Wealth Management in Singapore has hired Wee Teck Tay as director and head of private markets for APAC and John Lilley as director and funds solutions specialist for APAC.
Big data may be a fund differentiator when used in the investment process, but Asia’s fund selectors are uncomfortable with quant strategies, said Deutsche Bank’s head of fund solutions in APAC, Joyce Ngan.
Deutsche Bank Wealth Management said that 95% of its discretionary strategies globally generated positive absolute returns in the first half of 2017.
Deutsche Bank Wealth Management is planning to hire 100 client-facing employees this year, in which half of them will focus on high net worth individuals in Asia-Pacific.
Deutsche Bank Wealth Management has hired a team of four in Hong Kong to cover clients in Greater China, according to a statement from the firm.
A “global cyberwar” was cited by economists as one of several global market risks, underscoring cybersecurity as an investment opportunity, according to Deutsche Wealth Management.
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