Barg, who was co-head of equity capital markets in Asia excluding Japan, will relocate to Singapore and join Hsin Yue Yong in the investment banking role, according to a memo seen by Reuters and confirmed by Goldman.
The mandates will form part of the Advance Australian Fixed Interest Multi-Blend Fund, a specialised fixed interest fund that invests in Australian interest bearing securities such as Commonwealth, State, local and semi government and corporate bonds.
Morphic Global Opportunities Fund will invest in global equities, with a mandate to take long positions in companies with a minimum market value of 400 million Australian dollars (US$408 million) and short positions in companies with a minimum market valu
“The survey results indicate a notable improvement in sentiment among global fund managers as concerns over the eurozone’s [possible] collapse subside,” said Steve Chuang, senior vice president of wealth management at HSBC Taiwan.
The new sleeve, Asian Rates, is run by Joel Kim, BlackRock’s head of Asia-Pacific fixed income. Singapore-based Kim joined BlackRock from ING Investment Management at the start of the year.
With the finalization of the deal, ICBC gained the license to conduct retail banking in the United States and expanded its organization and business network in the country, ICBC Chairman Jiang Jianqing said at a ceremony marking the completion of the tran
Morphic Asset Management has been established by two former Hunter Hall global equity portfolio managers, Jack Lowenstein and Chad Slater, who will be joint chief investment officers.
The Delhi Stock Exchange has been valued at more than 1 billion rupees ($18 million), the report said, without elaborating.