BNPP IP names Asia-Pac/EM head, Natixis appoints HK wholesale head, Northern Trust expands in Mid East, Walkers adds in HK, new Double Haven CEO, Schulte builds in HK
Tag : bnpp ip
Mainland life insurers are seeking training in areas such as asset allocation, asset-and-liability management and liability-driven investment, heralding a major shift in approach.
After 15 years with the group, first at Fortis Investments then BNP Paribas Investment Partners, Stewart Edgar has quit as Asia-Pacific CEO.
TG Lee, a senior director in institutional business development at BNP Paribas Investment Partners, left the firm in June.
The funds industry in Asia is suffering due to regulatory pressure on product distributors and custodians around anti-money laundering and mis-selling, according to a recent survey.
The French firm's fund house plans to follow this with a brand-building programme for its smaller range of products.
BNP Paribas Investment Partners and BNY Mellon Asset Management have both seen regional heads of investment strategy leave.