BNPP Investment Partners restructures in Asia

BNP Paribas Investment Partners is seeking to hire senior sales staff in Asia after a raft of departures, having merged its sales and client servicing teams in an internal restructure. The integration has seen the firm suffer a number of departures, some voluntary and some not, and comes partly in response to a 24.5% decline in assets sourced from Asia-Pacific clients, from $74.1 billion as at end-June last year to $56 billion at end-September 2013. The firm has rolled out a seg…