Permal adds two China specialists in country ramp-up
The fund-of-hedge-funds firm appoints Yale professor Zhiwu Chen and ex-ING executive Matthew Yao to senior roles and may double allocations to Asia to target regional growth.
Permal Group is building up its China expertise with the recent additions of distribution specialist Matthew Yao, previously of ING Investment Management Asia-Pacific, and Yale University finance professor Zhiwu Chen.
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