Several senior asset management executives in Thailand have switched firms in recent months, and many feel this signals a growing trend.
Tag : mfc
MFC Global Investment Management and Aberdeen Asset Management are among those with strategies targeting renminbi-denominated bonds issued in both mainland China and Hong Kong.
The move marks the institution's first Hong Kong dollar bond portfolio and the first time it has hired MFC Global Investment Management.
Pang Cheng Duan becomes Singapore head of fixed income, having previously worked for the Monetary Authority of Singapore and the city state's largest sovereign wealth fund.
Having created a head of Asian equities post, the UK firm has poached Colin Ng from MFC Global Investment Management to fill it.
Manulife subsidiary MFC Global Investment Management has appointed Linda Csellak as head of Asia-Pacific equities to replace Colin Ng.
Following the launch of five new funds and with plans for 15 more next year, the Canadian insurer's Singapore asset management unit has poached a portfolio manager from SociTtT GTnTrale.
Prospects for China shares remain bright over the long-term however, says MFC Global's Tahnoon Pasha.
Investment Outlook Series: Colin Ng, regional head for Asia-Pacific equities at MFC Global, says recent economic data throughout Asia show signs of stabilisation.
The new role highlights the growing importance of Southeast Asia for asset management companies wishing to expand their footprint in the region.
CICC Asset Management loses a senior investment pro to Manulife in Hong Kong.
MFC is introducing an alternative-energy fund for institutional investors that may include the World Bank.