The French asset manager, which sources most of its Asian money from institutional investors, is turning its efforts to the retail business in Southeast Asia.
Tag : north asia
Fidelity sees North Asia’s dominance as based on valuations, while Crédit Agricole favours Asean from an FX appreciation perspective – but fears a currency war has already started.
Desmond Liu has joined the firm in Hong Kong to build its business in Greater China and Korea. It comes a few months after he quit rival HSBC Private Bank.
Swiss private bank Clariden Leu has appointed Raymond Chung and David Louie as new co-heads of North Asia to replace Christopher Burgess.