News

News

PIMCO scoops Macquarie exec to lead Australia

Posted by Anton Murray Consulting on . Posted in Funds Management News

Maggie Lu

Global investment firm PIMCO has hired Adrian Stewart, a former executive at Macquarie Group, as head of Australia, just one day after the firm named the new head of Asia Pacific.

Mr Stewart’s most recent position is head of wholesale distribution & marketing at Macquarie. He will join PIMCO in August to lead the firm’s business in Australia, reporting  to Eric Mogelof, the new head of Asia Pacific.

PIMCO has investment management operations in 12 countries across North America, Europe and Asia. It is owned by Allianz S.E., a German multinational financial services group.

Business Spectator

Pimco appoints Asia Pacific boss

Posted by Anton Murray Consulting on . Posted in Funds Management News

Global investment management firm Pimco has appointed a new managing director to oversee operations in the Asia Pacific, including Australia.

Eric Mogelof will have management oversight responsibility for the firm’s business in Asia Pacific, including Pimco’s Hong Kong, Singapore, Sydney and Tokyo offices.

(more…)

SGX takes first step on link-up with HKEx

Posted by Anton Murray Consulting on . Posted in Investment Banking News

Enoch Yiu

The Singapore Exchange yesterday opened an office in Hong Kong and linked up with the local exchange’s data centre to make it easier for investors in the city to trade its derivatives products.

This is the first step for the SGX to tie up with Hong Kong Exchanges and Clearing since the two former rivals became partners in December last year when they signed a memorandum of understanding on cooperation.

(more…)

Bloomberg acquires trading services firm

Posted by Anton Murray Consulting on . Posted in News

Scott Hodder

Financial information company Bloomberg announced yesterday that it has acquired trading support technologies company RTS Realtime Systems.

Bloomberg chief executive Dan Doctoroff said incorporating RTS’s exchange connectivity with Bloomberg will provide “tremendous value” to its clients.

(more…)

Hong Kong to remain one of top three bourses globally, PwC says

Posted by Anton Murray Consulting on . Posted in News

Hong Kong’s IPO activities for the first half of 2014 reached a decade high in terms of number of newly listed companies, thanks to strong interest from investors and abundant liquidity in the capital market. Given the current market situation, PwC expects the city could remain as one of the top three global IPO markets in 2014.

The first half of the year saw 52 new listings in Hong Kong, with HK$81.2 billion of total fundraising. Compared to the first half of 2013, that’s a more-than-double increase in both companies listed and total fundraising, cementing Hong Kong’s reputation as an attractive listing destination.

Citi wealth management business hits USD251 billion at end-May

Posted by Anton Murray Consulting on . Posted in News

Client assets at Citi’s Wealth Management businesses in Asia have topped the quarter of a trillion dollars mark for the first time in the bank’s history. At the end of May, Citi Asia had US$251 billion in client assets under management, up 10% year-on-year.

This growth was driven primarily by an increase in new clients and net new funds across the bank’s full wealth continuum platform that serves clients ranging from the emerging affluent to the region’s billionaires.

Our clients include

* Prior invoiced clients across the region.