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.
The two Chinese fund houses plan to launch physical RQFII ETFs in Tokyo as depositary receipts, making them the first such products to list outside Hong Kong.
The deputy CEO and managing director of the HK arm of China’s largest asset manager left the firm earlier this month. There is speculation about where he might land.
The star fund manager is seeking wealthy investors for a new private equity fund investing in China’s domestic market that could be launched as early as this month.