Morgan Stanley is making a big push into convertible bonds in Asia with the hire of five industry specialists, including a highly regarded sales trader and two origination bankers from Standard Chartered.
According to sources, the US investment bank has poached Janice Dunnett from Standard Chartered to become head of convertible bond products in Asia, which essentially means she will be leading the sales trading efforts with regard to CBs. Dunnett, who is one of the top personalities within CB sales in the region, will start in mid-April and take on the title of managing director within the institutional equities division.
She will be joined on the origination side by Ronnie Potel and Dave Sandor,...