US financial services group, Mellon Financial Corporation, is establishing a specialist research team to cover Asian markets. The new team will drive the firm's research capabilities under the banner of subsidiary Mellon HBV Alternative Strategies - its event-driven asset management arm, which aims to find strategies with low volatility and low correlation to equity and bond markets, but with high risk-adjusted returns.
The team of three research analysts will be led by Andy Shpiz, Asian research director at Mellon HBS and includes appointments at both the Hong Kong and London offices.
Eddie Hui and Shen Lin will take up posts at Mellon's Hong Kong offices, with the...