Swiss firm Syz & Co has shut an Asian fund of hedge funds with significant exposure to China, while Australia's QIC is winding down its regional quant strategy.
Tag : qic
CEO Doug McTaggart is to retire from the sovereign wealth fund next June at age 59, possibly for consultancy work. Korn Ferry has been tasked with finding his replacement.
The Australian sovereign wealth fund has joined forces with Beijing-based Geoff Raby on a consultancy basis as it looks to deepen its penetration with institutional investors in China.
Jean-STbastien Py takes on the new role in the Singapore hub and will target new markets in South Asia for the portfolio and risk software firm.
Technology vendor Sophis has opened an office in Beijing and will do the same in Australia, following client wins in both countries and elsewhere in the region.