Change at top for Western Asset as firm targets insurers
In the last two years, the US firm has paid special attention to helping insurers with their adherence to Solvency II regulations and the management of credit risk.
Fixed income specialist Western Asset’s fund management business in Asia is set for a change of leadership in May.
Long-standing regional head Henry Hamrock will be returning to the US after 22 years in Asia. His replacement Michael Dale, currently head of Western’s Australia business and based in Melbourne, is moving to Singapore to oversee the Asia-Pacific client service and sales teams.
AsianInvestor understands this is an expanded role; Hamrock was head of Asia client servi…
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