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• September 9, 2010 - Barclays Wealth Appoints Wealth Advisory Head For Asia Pacific
  

  Barclays Wealth has appointed Thelma Kwan as head of wealth advisory for the Asia Pacific region, based in Hong Kong. Kwan will head the team of trust consultants in Hong Kong and Singapore, and oversee the provision and marketing of trust structuring and wealth advisory services to Barclays Wealth high net worth and ultra high net worth clients across Asia. She reports to London-based Rob Withecombe, Barc.

• September 9, 2010 - UBS Targets Asian Hedge Fund Market, Names New Head
  

  UBS AG has named Stephen Pak to head its hedge fund business in Asia. Pak, who becomes head of regional capital introduction for the prime brokerage division, used to work in the alternative investments division at Credit Suisse. At UBS, he reports to .

• September 9, 2010 - NRIs Face Taxes For Extended Visits In India
  

  The Indian government said it has found a way to make sure all residents of the country, including those living abroad, pay their taxes in full or face penalties, media reports said. Through the proposed Direct Taxes Code Bill, non-resident Indians working on a global income are liable to pay their dues. Failure to comply will carry sanctions.

• September 9, 2010 - New China Fund Pays Attention To Non-Mainstream Stocks
  

  Convoy Asset Management has partnered with Zeal Asset Management to launch a new fund that focuses on Chinese stocks. The Voyage Zelec China Fund invests in China-focused stocks listed in Hong Kong and high growth B-shares listed in Shenzhen and Shanghai. Convoy will be the sole distributor of the fund.

• September 9, 2010 - Barclays Wealth Appoints Wealth Advisory Head For Asia Pacific
  

  Barclays Wealth has appointed Thelma Kwan as head of wealth advisory for the Asia Pacific region, based in Hong Kong. Kwan will head the team of trust consultants in Hong Kong and Singapore, and oversee the provision and marketing of trust structuring and wealth advisory services to Barclays Wealth high net worth and ultra high net worth clients across Asia. She reports to London-based Rob Withecombe, Barc.

• September 9, 2010 - Avendus Capital Beefs Up Wealth Management Unit With New ED
  

  Mumbai financial services firm Avendus Capital has appointed Zarksis Gotla as executive director of its wealth management unit. Gotla joins the firm from Deutsche Bank Private Wealth management, where he has served for the last five years. Prior to that, he was with BNP Paribas Wealth Management.

• September 8, 2010 - Macquarie Private Wealth Ramps Up Asian HNWI Business
  

  Macquarie Private Wealth Asia has appointed three senior private wealth executives to its growing regional team in Asia. James Mak, Robin Harris, and . .

• September 7, 2010 - Merrill Lynch Makes Senior Hire In India
  

  Bank of America Merrill Lynch has appointed Sanjiv Malhotra as India country risk manager and as a member of the India country leadership team, WealthBriefing has learnt. Malhotra joins the firm from The Danamon Group, Indonesia, where he was chief risk officer and a board member. Prior to this, he spent 20 years at Citigroup, most recently as chief risk officer at Citigroup Private Bank, India.

• September 7, 2010 - ING Investment Management Bolsters Australian Equities Team
  

  ING Investment Management continues to expand its Australian equities business with the addition of two key executives. Patrick Barrett joins the company as director, real estate securities, while Philip Hudak. .

• September 7, 2010 - ABN AMRO Appoints Market Manager For Hong Kong
  

  ABN Amro Private Banking has named Mark Chan as market manager for its Hong Kong unit, China International. Chan brings a wealth of private banking experience to the company, having served as head of private banking for Greater China at Deutsche Bank, head of private banking for Taiwan at BNP Paribas, and head of private banking for North Asia at Rabobank. Prior to his new job, he was head of priv.




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