Johanes Oeni joins the German bank from Credit Suisse.
BNP Paribas Securities Services has named a new leader in Southeast Asia, while JP Morgan Asset Management (JPMAM) nets a new head of retail alternatives for Asia Pacific (Apac) from Bank of Singapore.
The private bank’s AUM has reached $116bn, which is only $1bn below its peak in December.
Raiz Invest’s investor base in Malaysia and Indonesia is growing.
The fund is available in Philippine pesos, making it easier for domestic investors to invest in the product.
Grab’s micro-investing offering will make use of funds managed by Fullerton Fund Management and UOB Asset Management.
Separately, despite the coronavirus, domestic fund managers in Southeast Asia are expected to form partnerships with foreign players to launch new types of products.
The multi-family office has been aggressively hiring in Singapore.
Other plans include offering its globally-listed ETFs to investors in Southeast Asia.
Grab plans to launch retail wealth management and investment solutions in Southeast Asia.