Pimco raids JP Morgan AM for China WFOE head
The US fund house has poached a senior executive from its rival in Shanghai as foreign firms continue their battle for talent to expand their capabilities in China.
Even as the US-China trade war rumbles on and some in Washington are pushing for a pivot of investment away from China, American asset managers continue to add resources in Shanghai.
Bond fund giant Pimco is the latest to install a head for its newly established onshore business, a spokeswoman confirmed to AsianInvestor.
Zhou Lingling started as general manager of the investment management wholly foreign-owned entity (IM WFOE) in Shanghai on September 4. She was previously deput…
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