After 15 years with the group, first at Fortis Investments then BNP Paribas Investment Partners, Stewart Edgar has quit as Asia-Pacific CEO.
Tag : fortis
Following the official completion of the BNP Paribas-Fortis merger, Stewart Edgar, Asia-Pacific head of the combined entity, outlines his war plans.
Foreign investors have bought nearly as many Indonesian bonds in the first few months of this year as they did during the whole of 2009. Other investment flows are also up, boosted by the country's recent upgrade by Standard & Poor's.
French fund house BNP Paribas Investment Partners' new asset-management joint venture with Taiwan Cooperative Bank comes as a surprise to some.
The Canadian insurer gets a head-start in China by buying a 49% stake in the ABN Amro Teda Fund Management joint venture from BNP Paribas.
The well-regarded fund manager will work with Richard Wong to boost HalbisÆs China equities capabilities.
The fund house attributes the more than 100% growth in its AUM since December 2008 to the performance of fixed-income funds.
Investment Outlook Series: Simon Godfrey, an investment specialist at Fortis Investments, says infrastructure, consumer and property stocks are among the opportunities in Asia.
BNP Paribas may be taking over Fortis, but in asset management in Asia, the reality may look like the reverse when inevitable job cuts result.
Investment Outlook Series: Simon Godfrey, an investment specialist at Fortis, says extreme sell-offs have exaggerated the risk exposure of Asian companies to the global financial crisis.
The need by Fortis Group to sell assets acquired from ABN Amro last year will not include asset management.
FortisÆs new Clean Energy Fund focuses on solar, wind, hydro and biomass power generation assets and seeks infrastructure-style returns.