Smart money is heading to global equity strategies. But are U/HNWIs, with their recent preference for cash and fixed income, ready to jump in? “We’ve seen some institutional investors and DPM or model portfolio investors adding to equity allocations, while private wealth on the advisory side is not yet following en masse. They are still favouring a balanced portfolio with […]

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Capital Group has named a new head of financial intermediaries for Hong Kong, effective immediately. The US$2.3 trillion asset manager has appointed Angela Jin, who was most recently with PIMCO as head of private banking for Hong Kong. Based in Hong Kong, Jin will oversee the local financial intermediary sales team, lead its distribution strategy and develop existing relationships with […]

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The head of PIMCO’s Hong Kong private bank business has resigned, Asian Private Banker can reveal. Angela Jin, who has been with the US$2 trillion in AUM US asset manager since 2015, is leaving PIMCO and will start her new role with a rival firm by this summer, people familiar with the matter said. Prior to joining fixed-income focused PIMCO, […]

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