Ping An’s Ben Rudd to join new family office

Ben Rudd is set to leave his role as head of overseas investment at Ping An Asset Management to join a newly set up single-family office (SFO) as chief investment officer, AsianInvestor can reveal. He is working out his notice and is due to start at Hong Kong-based Caravel Asset Management on March 10 alongside two other professionals, with a remit to build the team. He will initially have an investment team of up to five reporting to him. Rudd will oversee $500 million to $1 bi…