Principal Global Investors
PEOPLE MOVES: Citi, Guardian Wealth, Brewin Dolphin
Citi Private Bank has named two heads of investment for Asia Pacific, with GWM Investment Management adding a senior wealth manager in London. Brewin Dolphin’s Jersey office has a new head.
People Moves | 20 Oct 16
PEOPLE MOVES: Brooks Macdonald, Principal, Vanguard
Brooks Macdonald’s co-founder is to step down as chief executive after 25 years, with his replacement coming from HSBC. Principal Global Investors has named a new head of funds distribution for Asia, while Vanguard has also shuffled its Asian operations, with a focus on China.
People Moves | 29 Sep 16
PEOPLE MOVES: Old Mutual, Manulife, HSBC, Veritas AM
Old Mutual appoints a chairman to its board while Manulife makes a hire to its newly-created position of chief executive for client services for EMEA. HSBC has announced a raft of hires in Geneva, Zurich and Dubai while asset manager Veritas poaches its new head from UBS.
China’s Bosera to launch three MRF products
The firm has bond, equity and mixed asset funds ready for launch in Hong Kong on 1 June, said head of intermediary business Laurence Lo.
Fund houses wary of China reform
China has been under scrutiny over the past few weeks, and it seems industry sources have a growing concern over the government’s economic reform efforts.