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).
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.