Matt McKeith, former global head of equity dealing at First State, has been replaced by Prado, one of a raft of senior staff to leave Janus Capital in recent months.
Asset managers should not assume that China-derived inflows will continue at the same pace as they have in past years, agree the Asia heads of four big fund management firms.
Aberdeen Asset Management and Janus Capital express caution over the outlook for the US market, with the high level of unemployment a major area of concern.
China and India spend just 3% of GDP on healthcare, as against 16% in the US, but that figure is set to grow far faster than in developed markets, says Andy Acker of Janus Capital.
There is a clear mismatch between the goals of Taiwanese bond-fund investors and their allocation to these assets, according to research by Janus Capital.
A roundtable discussion on risk management reveals market participants have increased the time devoted to ensuring risk is factored into return expectations.