HSBC Asset Management hires new CEO

Blair Pickerell replaces Paul Chow as chief executive of "the biggest job in asset management in Asia".

HSBC Asset Management in Hong Kong has appointed Blair Pickerell as its new CEO. He replaces Paul Chow, who left last month to head the Hong Kong Stock Exchange. It is a significant move that has the potential to make HSBC's already dominant position in Asian fund management unassailable.

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