It has just hired Steve Chiu from HSBC to spearhead its offshore retail funds business in these markets. This is the second senior hire for Invesco following the recent appointment of Desmond Ng to run institutional business development. Ng joined in August from JF Asset Management.
Andrew Lo, Asia-Pacific CEO at Invesco in Hong Kong, says these two new hires represent a new, more integrated business model aimed at developing business in mainland China, Taiwan and Hong Kong. ôWeÆre looking at these businesses as a single unit,ö he explains.
To this end...
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