Pheim Asset Management names head of investment of Pheim Malaysia
Pheim Asset Management has named Lee Chung Cheng as head of investment of Pheim Asset Management Sdn Bhd or Pheim Malaysia.
Lee has 20 years working experience in capital markets, Pheim says in a statement on September 2, a day after the appointment took effect.
Meanwhile, Teh Song Lai has been appointed chief executive offer of Pheim Unit Trusts Bhd, a unit of Pheim Malaysia, a position in which he is will expand the business locally and regionally.
There are no other details in the statement.
Calastone promotes Ross Fox to lead Asia Pacific business
Calastone, the largest global funds transactions network, has opened a new regional headquarters in Singapore and promoted Ross Fox to lead its business strategy and expansion across Asia Pacific.
He has relocated to Singapore from Sydney, where he was previously responsible for the Australia business, London-based Calastone says in a statement on September 1.
Fox, who has more than 15 years of experience in the asset management industry, has worked at Calastone since 2012.
Allianz Global Investors promotes Khalil Soubra to Asia Pacific COO
Allianz Global Investors has promoted Khalil Soubra to chief operating officer for Asia Pacific, a newly created role in which he will oversee the company’s overall operations in the region.
Based in Hong Kong, he reports to Alexandra Auer, the global chief operating officer, the company says in a statement on August 29.
Soubra, who has worked at the German asset management firm for 19 years, was previously global head of the trade and position life cycle team. He joined the company in 2003 as a performance analyst.
Deutsche Bank hires Ben Li to head securities services in China
Deutsche Bank has hired Ben Li as head of securities services in China, according to a report in finews.asia, citing a company statement.
Based in Shanghai, he reports to Tony Chao, Greater China head of securities services, and Peter Qiu, president of Deutsche Bank China.
Li has more than 20 years of securities services experience, and most recently worked at HSBC China where he focused on onshore custody services for outbound and inbound clients, the August 29 report says.
Last December, Deutsche Bank became the first European lender approved by Chinese regulators to launch domestic custody services for securities investment funds in China.
