Baring Asset Management (Barings) has appointed Eric Poon to the role of regional head of institutional business, Asia ex Japan and Alexander Garton as director, client service and relationship development. Poon is based in Hong Kong and reports to Gerry Ng, chief executive officer, Asia ex Japan.
Read more →Lombard Odier, one of the largest Swiss independent private banks by managed assets and Geneva’s oldest, has reinforced its commitment to the Middle East with the appointment of four seasoned relationship managers: Giridhar Bhatia, Arif Al Suwaidi, Pradip Gupta and Yazen B. Abu Gulal. Giridhar Bhatia has
Read more →Aviva Investors has named Paul Abberley as interim chief executive, following the departure of Alain Dromer. The company will continue to recruit for a permenant CEO internally and externally. Abberley, who is currently chief executive of Aviva Investors London and global investment solutions, will assume responsibility for
Read more →Legal & General (L&G) is anticipating a drop-off in sales through financial advisers over the coming months and into early 2013 as firms concentrate on developing their business models for retail distribution review (RDR) implementation. In its Q1 interim management statement today, the provider suggested it is
Read more →Man Group Plc (EMG), the world’s biggest publicly traded hedge fund manager, reported that clients withdrew a net $1 billion in the first quarter, while costs such as employee bonuses ate up more cash than analysts expected. Source Bloomberg: read full article here;
Read more →Compare SMSF is an online network of Self Managed Super Fund members, and those considering setting up their own SMSF(in Australia). Fishtank Solutions created this on-line community in 2007, recognising that investors had a real appetite for information (including the experiences and opinions of like investors), before
Read more →Lombard Odier Investment Managers has named Marcel van Ostaden as head of sales for the Netherlands, Belgium and Luxembourg. Van Ostaden, who will be based in Amsterdam, had been sales director for the Netherlands at BlackRock since 2005. Van Ostaden will report to Marius Wuergler, head of
Read more →Swiss private bank Union Bancaire Privée (UBP) acquisition of Nexar Capital Group will produce a combined hedge funds businesses with $14 billion AUM, a 25% increase on UBP’s assets at the end of 2011. The newly created alternative investment division at UBP will be headed by Nexar Capital’s
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