Northern Trust creates China role in mainland push

Northern Trust Asset Management has hired its first head of Greater China, with a view to meeting expected growth in demand from mainland institutions for passive investments and to helping European clients access the market there. Benze Lam took up the post on Monday to head a team of relationship and sales staff across China, Hong Kong, Macau and Taiwan. He was most recently head of sales for China offshore at UBS Global Asset Management Based in Hong Kong, Lam will help devel…