Daniel Quant, director of investment consulting for Southeast Asia and India at Watson Wyatt in Singapore, has left the firm and returned to his native United Kingdom, leaving a new, somewhat more low-key team in place. This ends a 16-year career in Asia, including long service in Kuala Lumpur and a stint in fund management.
The decision was partly personal and partly a reflection of the high cost of maintaining the Singapore practice, which has plateaued in terms of new business. Naomi Denning, director and regional head of investment consulting in Hong Kong, says the firm sees decreasing budgets for consulting in Singapore, although opportunities remain elsewhere in Southeast Asia,...