Pickerell quits JF

Blair Pickerell has left JF Asset Management to establish his own Hong Kong-based company that will continue his work of developing China s mutual fund industry. He has several financial backers whom he declined to name but characterized as Hong Kong-based independent parties, all of whom are keen to build a fund management business in China. He left JF on December 14th amid an organization reshuffle and started operations at his new company, Capital Holdings, on the 16th. Capital Ho…