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BlackRock's new Asia-Pacific chief focusing on growth
trueBlackRock Inc.'s Asia-Pacific operations are poised to make a more significant contribution to the money management giant's overall business in coming years, the firm's new regional head says.
Amundi Smith Breeden going global after merger
trueAmundi Smith Breeden LLC has been in growth mode in the year since its creation from the acquisition by Paris-based Amundi of U.S. fixed-income specialist Smith Breeden Associates.
China Investment Corp. chief tapped as chairman of investment bank CICC
trueDing Xuedong, the chairman and CEO of sovereign wealth fund China Investment Corporation, was appointed chairman of Beijing-based investment bank China International Capital Corporation Limited and a member of the company's board of directors, a CICC news release Thursday said.
Northern Trust names head of new representative office in Seoul
trueByun Jai Yung was appointed chief representative of Northern Trust’s newly opened representative office in Seoul.
PIMCO promotes manager to lead Asia strategies
trueLuke Spajic was named by Pacific Investment Management Co. to run its portfolio management effort in Asia.
Texas County & District puts $50 million in Asia private equity
trueTexas County & District Retirement System, Austin, committed $50 million to Baring Asia Private Equity Fund VI, said Russ Rhea, spokesman for the $23 billion pension fund, in an e-mail.
GARP managers hold firm on EAFE portfolios despite losses
trueSome global growth-at-a-reasonable price money managers are coping with client losses stemming from underperforming Europe, Australasia and Far East strategies.
Korea Post Savings launches GTAA search
trueKorea Post Savings is looking to hire one or two offshore managers of global tactical asset allocation strategies.
BlackRock appoints head of multiasset strategies for Asia Pacific
trueEdward Bang joined BlackRock on Tuesday as head of multiasset strategies Asia Pacific. Also, Andrew Landman, Sydney-based head of institutional client businesses, has taken on the added role of head of the firm's alternatives investment strategy group for the Asia-Pacific region.
Natixis Global Asset Management names Taiwan business head
trueAlex Chang joined Natixis Global Asset Management in Taipei as a managing director and head of Taiwan.
India's big year
trueIndian equities have surged 28% in 2014 on optimism about the new prime minister's plans to bolster business and investor confidence.
Aviva Investors names new Asia-Pacific CEO/CIO
trueKevin Talbot was appointed CEO and chief investment officer for the Asia-Pacific region at Aviva Investors on Thursday.
Amundi chooses managing director for new Bangkok subsidiary
truePrapatpong Weeramon has been appointed managing director of Amundi Group’s new wholly owned subsidiary in Bangkok, Amundi Mutual Fund Brokerage Securities (Thailand).
BlackRock names head of consultant relations team for Asia ex-Japan
trueSteven Rust, a director on BlackRock’s global consultant relations team, was appointed the team’s head for Asia ex-Japan.
Alibaba tops the list of largest U.S. IPOs in history
trueThursday's announcement that Alibaba Group raised $21.8 billion in its initial public offering made it the largest U.S. IPO of all time, topping Visa's $17.9 billion deal in 2008.