Kurtz, a fluent Mandarin speaker, joins the bank from Bear Stearns, where he worked for seven years as the head of Asia strategy and head of research. Before that he was an Asia foreign exchange strategist at IDEAglobal and a greater China analyst for Polyconomics. He has an MBA and Master of Arts from George Washington University.
Kurtz replaces Jake Lynch, a long-term resident of Shanghai, who will remain in the city focusing on Asian small- and mid-cap companies.
Macquarie has made a number of hires recently, including Mohan Singh who also came from Bear Stearns after that bank was acquired by J.P. Morgan in a rescue operation earlier this year. Singh joined as the head of regional consumer research. Mark Kellock, previously with Deutsche Bank, has joined as co-head of regional insurance research based in Hong Kong. He will work with Seshadri Sen in Mumbai. Since July, the bank has made six other hires for its equity research division.