Shareholders at Lombarda China Fund Management in Shanghai have voted to remove Luca Frontini as CEO of the firm. The decision was effective from May 1 and Lombarda’s chief operating officer Wang Hua has stepped in as interim CEO for the next 90 days. Questions surrounding the circumstances of Frontini’s departure remained unanswered by the time this story went to press. Frontini’s sudden departure is a surprise to many in the... Read the whole story
MBK Partners stands firm on its takeover offer which, as of April 30, had been accepted by 77.19% of AsiaPharm’s shareholders. Templeton remains opposed to the deal. More
Principal Global Investors CEO Jim McCaughan says the traditional home bias and preference for fixed-income instruments is giving way to cross-border trends. More
From AsianInvestor magazine: Both global private-equity players and Taiwan’s institutional investors are keen on domestic property allocations, which now compare favourably to real-estate investments in mainland China. More
The hedge fund administrator hires Mark Del Col as global head of sales and marketing – a role that will include building on the firm's nascent business in Asia.
The firm plans to develop locally managed investment capabilities alongside its global expertise, either via acquisition or organically; and eyes possible Taiwan onshore business.