Recognising a gap in its product suite, the firm is building a packaged solutions business combining internal expertise, most likely centralised in London.
A 12.5% fall in the CSI 300 in 2010 saw index and equity funds suffer, with fixed-income funds shining. Smaller firms were generally better placed, and this is tipped to continue.
The firm intends to boost its Asian fixed-income capabilities and regional client servicing under the new leadership of Mark Lazberger and Michael Stapleton.
David Hoffman, fixed-income managing director at Brandywine Global Investment Management in Philadelphia, discusses opportunities in credit and mortgages as the US emerges from the credit crunch.