INCLUDING: ASIA PACIFIC - HSBC senior appointment; UK - Watson Wyatt expands investment team; HONG KONG - FRM appoints Hong Kong CEO
HSBC Global Asset Management has appointed Patrice Conxicoeur as director and head of institutional business, Asia-Pacific. Effective 1 August, Conxicoeur will oversee the asset management firm's sales and client management of the institutional business in Asia. Conxicoeur has been with HSBC for over 16 years and has been chief executive of Sinopia Asset Management, Asia-Pacific, since 2004.
UK - Watson Wyatt expands investment team
Mark Horne and Andrew Brown have joined Watson Wyatt's London investment manager research team, as senior investment consultant and as an investment consultant, respectively. Horne joins from Natixis Global Associates UK, where he was director of client services and a fixed income product specialist. Brown has seven years private equity research experience, including working for Robbins & Associates, a financial and accounting advisory firm in Chicago.
HONG KONG - FRM appoints Hong Kong CEO
Global fund of hedge funds group Financial Risk Management (FRM) has hired Au King-lun as chief executive officer of FRM Hong Kong Limited. Au, who joins in September, will lead FRM's business efforts in Asia ex-Japan and Korea, and will also head FRM's newly-opened Hong Kong office. Au was most recently head of institutional business, Asia Pacific, for HSBC Global Asset Management (Hong Kong).
Industry experts are calling on the government to act quickly on new pensions dashboard legislation. The DWP is looking at how to do it amid Brexit constraints, writes Kim Kaveh.
An interactive and hands-free technology that allows savers to track how much they have invested into their retirement pots has been launched by Smart Pension.
The Lighthouse Pensions Trust has recorded an 84% surge in the number of employers signed up to its auto-enrolment (AE) provision.
Melrose Industries's UK defined benefit (DB) schemes had a £5.5m combined deficit at the end of 2016, its annual results have revealed.