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HSBC Global AM names Southeast Asia head

Joe Marsh
Puneet Chaddha has transferred internally from Mumbai to become Singapore CEO and Southeast Asia head. Sources say the move doesn't bode well for third-party fund managers.
HSBC Global AM names Southeast Asia head

HSBC Global Asset Management has appointed Puneet Chaddha, chief executive for India, as CEO for Singapore and head of Southeast Asia, the latter being a newly created role. Sources suggest the move does not bode well for third-party fund providers to HSBC's retail and private bank.

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