Invesco in Hong Kong has hired Joann Ma from Janus International in a sales and marketing role under local CEO Edith Ngan. A spokeswoman for Invesco declined to define Ma's exact role, noting the move hasn't been announced yet. Ma starts her new job on Monday.
The hire has raised a few eyebrows in the industry, because Invesco has been shedding portfolio managers over the past year. One observer thinks the Ma hire is a positive sign that fund management companies are beginning to reposition themselves to take advantage of a modest recovery in equity markets that industry players expect toward the end of the year.
This may be a sign...
