Shek Chee Seng joins the Dutch group as it seeks to bring the drawn-out sale of its insurance and investment units to a close.
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The firm is granted regulatory approval to merge its two existing securities enterprises to increase its onshore competitiveness.
ING Investment Management Asian Debt
The Dutch bank wins its case against the European Commission. The sale of its Asian insurance and asset management businesses will be affected.
The bank may create a multi-boutique set-up after its acquisition of ING IM Australia. But Grant Bailey of ING IM denies the sale is part of plans to cut back in the region.
Retail funds look set to provide faster asset growth than institutional business, says the head of Manila-based BPI Asset Management, which is about to launch a funds trading platform.
Target-redemption funds have been attracting inflows in Thailand due to swinging volatility in the local stock market. But not all asset managers have jumped on the bandwagon.
Emerging-market equity firms see investment opportunities in Egypt’s new political era, but disagree about the timing.
That will be a boon to the series of new Brazil and Latin America funds, but investors should be wary of Chilean and Colombian stocks, says the Dutch asset manager.
The Dutch firm's Asia-Pacific chief executive is off to pastures new and will be replaced by regional general manager Grant Bailey, as the group's future remains uncertain.
Wu will run Greater China sales out of Hong Kong, replacing David Yuan, as the Zurich-based firm chalks up two recent mandates and registers three more funds in Taiwan.
The US asset manager switches from PineBridge Investments to a new funds distributor in its biggest Asian market after Japan.