Prudential names Catalina Holdings’ Guo as CIO.

His successor will be based in Asia.
Prudential’s CWO; Schroders’s ESG; SPAC boom fades; Flows are hot; Sector rotation; Bitcoin and roast goose; Singapore’s UNHWIs; Advertising in Singapore; and much more.
It will reduce London headcount with some of the 200 staff moving to Hong Kong.
JP Morgan AM names new APAC CEO; Eastspring completes TMB AM acquisition; UBP launches “positive impact” strategy; DWS launches Asia-focused fixed income fund in Hong Kong; Allianz GI’s ESG-integrated assets reach $132bn; SFC posts wanted list on its website; and more…
Banned from providing financial advice services in Singapore are former Citibank, Prudential and AIA employees after they were found to have mis-sold investment products.
Prudential has confirmed it plans to spin-out its UK investment and savings arm, allowing the parent company to focus on its business in Asia, where it generates most of its profits.
Prudential pinches from OCBC; Bordier & Cie loses; Capital Group hires; OMGI likes gold; AB calls China straight; BMO and passives; Euro debt; Stan Chartered’s charges and much more.
Changes at Prudential and OMGI; J.P. Morgan’s charts; football transfers and crashes; galloping equity markets; Olympic silliness; no alternatives; advertising from HSBC and much more.
Spy has been out with his magnifying glass pounding the streets and eavesdropping on gossip in cafés, but the summer lull has arrived and the world of Asian asset management is getting a little siesta time. Nonetheless, Spy has unearthed a few juicy tidbits on the jobs merry-go-round. Whilst savouring a fine Laphroaig (10-year-old vintage), Spy heard that Heidi […]
Part of the Bonhill Group.