The UK fund house has appointed Virginia Devereux Wong as head of its Asia wholesale business in a newly created role. Extending its multi-asset capabilities is on the agenda.
Recognising a gap in its product suite, the firm is building a packaged solutions business combining internal expertise, most likely centralised in London.
A recent exodus from Chinese and other emerging equities means there is a great buying opportunity, but investors must be selective, says Katie Koch of Goldman Sachs Asset Management.
The decision to base Sheila Patel in Singapore from next year as head of its international business is to split management between admin and client interests for a growth strategy.
Goldman Sachs Asset Management has appointed Sheila Patel as international head. She will relocate to Singapore and take over Asia Pacific ex-Japan leadership from Oliver Bolitho.
Lombard Odier has appointed Vincent Duhamel to drive its entry into Asia’s institutional asset management business, as well as to help grow its private client offering.
Goldman Sachs is bolstering its India asset management presence after a two-year hiatus and plans to launch products for domestic and international investors, potentially this year.
GSAM continues to broaden its distribution effort in Asia by hiring AllianceBernstein’s Alina Huo in Hong Kong and Franklin Templeton’s Jamie Min in South Korea.