M&G not planning to replace Asia chief
The UK fund house is looking at options, but its regional MD will not be directly replaced after he leaves at the year-end. Andrew Hendry says he is likely to stay in Asia and wants a fresh challenge.
UK fund house M&G Investments will carry on without a managing director of its Asian business once Andrew Hendry leaves the firm at the end of the year, AsianInvestor understands.
Hendry took charge of the Asian business, M&G's first operation outside the UK, four years ago. Having built a team and established profitability for the business, he has decided he needs a fresh challenge.
“That’s what I look for in terms of growing a business and that is what I signed up for …
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