LGIM moving Asia equity management to Hong Kong
Legal & General IM has hired an Asia head of equity trading and is shifting investment responsibility to the region from the UK and US, in a move seen as a sign of serious commitment.
Five years after launching its presence in Asia, Legal & General Investment Management is committing more resources to the region, in a move seen by industry observers as a strong statement of intent.
LGIM, part of UK insurer Legal & General, has hired Danny Kwok as its first Asia-Pacific head of equity trading, its first dealer in the region. It is also transferring the management of several equity index funds from London to the firm’s fund managers in Hong Kong
Kwok …
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