MLC Investment Management CIO departs

Richards had decided to leave two years after joining MLC, during which time she reinvigorated the MLC Investment Management business, evolved its investment strategy and attracted investment talent, the company said.


Daiwa cuts back on ECM in Asia

Some suggest Daiwa has let go of the great majority of a team that consisted of 13 to 15 bankers, but according to one source, the cuts aren’t that extreme and the firm still has a team in Hong Kong and Singapore.


Federated names CEO of new Asia-Pacific unit

The new subsidiary will focus initially on sales and client services in the region, with plans to make it an investment management hub as well, Mr. Costello said.


nabInvest expands into distribution team

"I am excited about deepening the institutional distribution capability of the nabInvest group," said team leader Rob Sullivan, global head of institutional distribution at nabInvest.


SSgA names wholesale vice president

Johnston will assume the responsibility of leading the firm's sales efforts into the wholesale distribution channel as part of an expansion of its institutional client offering to family offices, platforms, dealer groups, and independent financial ad