Nasdaq raids BNY Mellon IM for Asia index head
Nasdaq poached the executive on Monday as its first Asia-based exchange-traded products head, as part of an effort to take advantage of more passive investing in the region.
US stock exchange Nasdaq has embarked upon a regional push to increase its presence in passive index products by poaching Chris Tse, former head of intermediary distribution for China and Hong Kong markets at BNY Mellon Investment Management, AsianInvestor can reveal.
Tse quit his role at BNY Mellon Investment Management last Thursday (August 31) and joined US stock exchange Nasdaq yesterday in Hong Kong (September 4).
At his new employer, Tse is tasked with leading its exch…
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