Deutsche Asset and Wealth Management has hired Henry Wong as the firm’s head of Asian fixed income for Asia Pacific, in a bid to boost its market share in an increasingly competitive industry.
Based in Hong Kong, Wong reports to Elke Schoeppl-Jost, chief investment officer for Asia Pacific and regional asset class head of fixed income and multi-assets, according to a press release.
In this newly created role, Wong will play a key role in expanding the firm’s range of solutions for clients seeking exposure to the region’s fixed-income markets.
His appointment comes at a time when some private banks are bowing out of...
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