“I am well aware of the dangers of proclaiming the death of an asset class,” says James Montier at GMO, who does so anyway, advising higher cash holdings.
Tag : returns
Congratulations to hedge funds, which were upwardly mobile in every strategy last year.
Fund-of-hedge-funds expert Lindsay Jones returns to Hong Kong to handle sales at FRMÆs new office.
Chi-Won Yoon becomes head of Asian equities in Singapore, while Brad Orgill is appointed CEO of Australasia.
Anthony Fasso will oversee Axa Rosenberg and Axa Investment Managers for the region.
Dutch group brings back the former head of corporate banking, Southeast Asia in a new guise.
CSFB brings Carsten Stoehr back to the region to resurrect its Japanese debt business.
Lai becomes head of JPMorgan''s Malaysian investment banking unit.
Departs Goldman after one year.
But the move to shorten settlement times is a dead letter; the new emphasis at the SEC is on same-day affirmation.
NM Rothschild & Sons appoints Andrew Rickards to run its Asian investment banking business.
Citigroup promotes Stephen Long and brings back Robert Morse.