Schroders’ Dorian Carrell addresses the limitations of 60/40
Dorian Carrell, head of multi-asset income at Schroders, bases his balanced strategy on three pillars.
High headline yields are still widely available, but tight credit spreads, elevated equity valuations and shifting correlations are changing where the strongest risk-adjusted income can be found. Flexibility may now matter as much as yield, says Grégoire Durel, Senior Investment Specialist, US, Amundi.
Singapore-based asset management firm Paragon Capital has hired former UBS and Credit Suisse MD as chief commercial officer.
Following its initial launch in Hong Kong, Singapore is the second market to introduce HSBC Access.
The five internal appointees have been re-located to Hong Kong and Singapore.
Steven Chua be head of retail intermediaries, Singapore, and Suleen Law has been hired as head of private banks and family offices.
The new office will also support the expansion of IFM’s private market capabilities across Asia.
As companies stay private longer and capture more of their growth while still private, a deepening secondary market and the rise of evergreen funds are strengthening the case for accessing venture capital and growth equity through evergreen vehicles.
Kenneth Ong has been hired as Manulife IM’s head of equities, Singapore, replacing former head Chan Hock Fai who is retiring at year end.
The five strategies cover quants, high income, energy and Apac equities.
The private banking arm of HSBC has made four new appointments to its Singapore and India desks.
Fullerton Fund Management will provide the new wealthtech platform with SGD-denominated investment strategies.
Sebastian Paredes, head of North Asia and CEO of DBS Bank (Hong Kong), will be retiring from executive duties.
Wealth management income for 1H26 rose 16% from the previous year.
AllianzGI will also have long-term access to UOB’s retail client network.
The platform serves both directions of the India capital corridor.
Muriel Aboud Schirmann and Louis Shen take on senior roles in Singapore.