Alan Harden, Tokyo-based managing director for Asia-Pacific at Citigroup Asset Management, has been squeezed out by cost-cutting as the firm looks to streamline its business. Although still with the firm, his CV is making the rounds in Japan as he may not find a suitable position within the organization, given the shrinking fund industry in America and Europe.
Harden ran the retail and high-net worth side of a business that covered Japan, Asia and Australia alongside a separate institutional business....