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Tag : huarong

Hesta appoints new CFO; Lighthouse Canton hires head of global institutional sales and former GIC real estate PM; former China Huarong chair takes on top role at China Orient AM; Helen Huang joins Fidelity as China MD from Hwabao WP; UBS hires Raymond Gui to manage the lossmaking Asian high-yield fund; T Rowe Price hires fixed income specialist from JP Morgan; and more.
Weekly roundup of people news, April 22
State-backed Chinese investors will bail out Huarong Asset Management, which unveiled $15.9 billion losses; Hong Kong insurer FWD planning $3 billion IPO in the US; MPF posts 28% investment return and 35% jump in assets; Korea's Poba seeks two managers for multi-asset mandate; NPS divests entire 11.5 million shares in General Electric; Malaysia's PNB and Khazanah pledges to increase sustainable investments; and more
Insto roundup: state-backed investors bail out Huarong; Korea's NPS divests from General Electric