Edmond de Rothschild hires ex-SGAM trio in Asia sales drive
The French bank has a new Asia business development team whose main focus will be asset management, and has boosted its stake in its Chinese fund-management joint venture.
In moves to strengthen its asset-management business in Asia, La Compagnie Financière Edmond de Rothchild (EdR) has hired three former Société Générale Asset Management (SGAM) executives and increased its stake in Shanghai-based Zhonghai Fund Management to 25%.
Denis Lefranc joined the French bank on April 1 as deputy Asia chief executive, having been Asia-Pacific CEO of SGAM since May 2008. Lefranc also served as executive vice-president at joint venture Fortune Société Générale …
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