JPMorgan's co-heads of Asian institutional equities, David Hancock and Nick Andrews, announced changes to the firm's regional equities division in an internal memo yesterday Monday. According to the memo, the changes are designed to improve the structure of the equities business in Asia and create new business lines to meet client demands.
Overarching the whole process is a desire to bring the ex-Japan Asia and AustraliaNew Zealand equities businesses closer together. New initiatives in the area of programme trading and client management are also announced. Our realignment reflects the needs of our clients, both hedge funds and traditional institutions, who want to see information flowing around the regional seamlessly. By...
