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BEA Union boosts China retail focus, readies more QDII products

Following the hire of Ray Chan from Allianz Global Investors, the asset manager will further strengthen its client-servicing team and aggressively target Greater China.
BEA Union boosts China retail focus, readies more QDII products
Last week's hire of Ray Chan signals a bigger focus on BEA Union Investment Management's Greater China retail business, says chief executive Ilex Lam Ka-keung. Chan joined the firm in Hong Kong last week as head of retail business for Greater China, moving from Allianz Global Investors (AGI) in Hong Kong. He arrives following the end-2009 departure of head of retail business Timmons Lam, but is not a "direct replacement", says the firm. Lam had worked for BEA Union for two years, ma…
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