Barings hires new HK/China equities head, Loomis Sayles appoints EM head, AMP Capital makes changes, Bosera PM arrested, sell-side moves at Morgan Stanley and JP Morgan.
Tag : baring asset management
Lyxor names former Fortune director to head Asia; Axa IM Middle East sales head exits; Barings hires two EM execs; London tax specialist unveils HK office.
The UK fund house is underweight Chinese equities due to growth concerns, and has increased exposure to US and Japanese equities, expecting monetary easing to continue.
The UK fund house sees appetite for emerging market exposure, particularly China, and multi-asset allocation after completing its acquisition of SEI Asset Korea.
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The days when the stigma of failure was attached to product closures are long gone as managers adapt to market realities after the global financial crisis, says Baring Asset Management.
The firm agrees to acquire SEI Asset Korea to fast-track its expansion in the country. It will look to ramp up distribution of domestic and global products.