PE firm Warburg Pincus to acquire a 49% stake in China’s Fortune SG Fund Management from Lyxor AM; Swiss hedge fund firm Gottex AM loses its HK asset management licence; SSGA seeks an APAC head of asset stewardship; LGIM names Danny Kwok as APAC head of equity trading; a Hong Kong Manulife employee receives Guinness World Records title as “the longest career as a corporate salesperson”; and more…
Tag: Fortune SG Fund Management
Report: SocGen to sell stake in China JV
Societe Generale is mulling the sale of its 49% stake in Fortune SG Fund Management, China’s 16th largest mutual fund house, according to industry reports.
