LGT scours Asia for managers for its global fund

LGT investment chief says Asian managers are ''smart'' but their level of accounting and compliance standards miss the mark.

At least one Asian manager is on LGT Capital Management's firing list as the company's chief investment officer, Christof Kutscher, tours Asia this week looking for a possible replacement.

The Liechtenstein-based investment company plans to interview around 20 managers in Hong Kong, Singapore and Japan. Companies already interviewed include Lloyd George Management, Income Partners, JF Funds and Schroders. LGT currently uses two managers for the Japanese market and one for the rest of Asia. They would like to have four in Japan and three in the rest of Asia.

In Southeast Asia, we'd like to have at least three managers. But if we can't find them in this trip we would like to...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222