The US asset manager is about to unveil the appointment of a Wellington Management veteran to fill a key role for its institutional business after recent senior staff changes.
Market opinion over the timing of tapering is divided, but even expectations of it are expected to divide better-placed North Asian markets from their South and Southeast Asian counterparts.
The segment is outstripping overall Indian population growth by a factor of 10, and with the increase in size come gains in sophistication, says Deutsche Bank.
The Swiss boutique private bank poaches UBS Wealth Management's Asia chief investment strategist as its regional co-head of investment solutions and deputy CIO.
The firm is among the few international fund management companies aggressively building its business in South Asia, which so far makes up about 12% of its $115 billion in Asian AUM.