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EFG Asset Management, the asset management arm of EFG International announced this week the appointment of two Hong Kong-based executives to strengthen its senior management team in the region. Nigel Sze has been appointed Head of Asia and moves from EFG Bank Asia where he was deputy CEO and Head of Private Banking in Hong Kong. Prior to this Sze was Asia Head for HNW clients at Citi Global Wealth Management. »

Deutsche Bank has released the May 2012 edition of its Asia-Pacific ETP directory. »

HSBC Global Asset Management has launched a Chinese Renminbi (RMB) fixed income mutual fund for US investors. »

HSBC Private Bank held its Legacy Programme 2012 in Macau last week, with around 50 participants from 13 countries in Asia and different parts of the world. »

Last week, Asia-Pacific ETP AUM increased by USD0.4bn and ended at USD107bn, according to figures released by Deutsche Bank. On a year-to-date basis, Asia-Pacific ETP market is up by USD16bn or 17% above last year’s closing. »

Komli Media has raised USD39 million, its largest financing to date, led by Norwest Venture Partners (NVP) with participation from Nexus Venture Partners, Draper Fisher Jurvetson and Western Technology Investment »

EFG Asset Management (EFGAM), the asset management arm of EFG International, has made two key Hong Kong-based appointments. »

Northern Trust has launched The Northern Trust All Country Asia ex-Japan Equity Index Fund (the Fund) for institutional investors seeking diversified exposure to companies in Asia’s developed and emerging markets, excluding Japan, and including India. »

In its continuing effort to support the global hedge fund industry through education and advocacy, the Hedge Fund Association (the HFA) has appointed Adam J Steinberg, a financial communications consultant in Beijing, as the new director of the association’s China chapter. »

Cube Capital has launched the Cube Asia Frontier Fund (CAFF) to invest opportunistically in real estate in Myanmar, Mongolia and Vietnam. »

Asia ex-Japan hedge funds were down an estimated 4.11 per cent in May according to Eurekahedge, amid continued macro headwinds blowing out of Europe.»

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