Legg Mason, Mackenzie install China chiefs
Industry veterans formerly at AllianceBernstein and Axa Investment Managers have taken up the respective roles, as the mainland talent merry-go-round continues.
US-based Legg Mason Asset Management and Canada’s Mackenzie Investments have put new China heads in place, as foreign firms ramp up their push to build mainland funds businesses.
Legg Mason has lured Sun Hao from rival US fund house AllianceBernstein as general manager for its wholly foreign-owned entity (WFOE) in Shanghai, while Mackenzie last month confirmed Du Ying as chief China representative for its new Beijing representative office.
A spokesman for multi-affiliate manager…
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