Merrill's ex-Asia chairman Raymundo Yu joins Threadneedle
Yu leaves retirement to become the firm’s Asia-Pacific chairman in a newly created role, and will represent American affiliate Columbia Asset Management.
Merrill Lynch’s former regional chairman Raymundo Yu has come out of retirement to become Asia-Pacific chairman at Threadneedle in what is a newly created role.
“They have a compelling story and an outstanding track record of funds performance,” Yu says of the asset manager, adding he was approached by Threadneedle this past spring.
Based in Singapore, he will represent both UK-based Threadneedle and its American affiliate, Columbia Asset Management.
Both are units of US-based Ameripr…
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