Fan quits China's largest fund house; Allianz hires new Korea CEO; SFC announces new advisory appointments; Manulife promotes Nutting in HK; Instinet adds sales executives.
Annette Wargon, global general counsel for Allianz Global Investors and RCM, considers the rising challenges of regulations such Dodd-Frank and the Foreign Account Tax Compliance Act.
Taiwan's civil-servant pension fund unveils the four winners of its latest overseas mandates, worth an aggregate $900 million, and reports investment results for its latest quarter.
Standard Chartered loses out as Allianz hands Citi its insurance custody mandate for Asia, soon after the Bank Consortium Trust replaces HSBC as custodian of RCM's Hong Kong MPF funds.
The new fund will become Allianz Global InvestorsÆ core offering for the Greater China region. Previously issued products will be repositioned as satellite strategies for investors interested in China.