Funds selection chief exits Standard Chartered

Pierre DeGagne is poised to relinquish his role as head of funds research at Standard Chartered in Singapore, a move seen as an indicator of other likely departures from banks’ product units in Asia. DeGagne had been heading a nine-strong team responsible for selection of all funds – traditional and alternative – for both the retail and private bank. AsianInvestor could not ascertain his exact exit date although it is understood the decision was made this week. A spokespers…