Western fund management firms looking for new clients are increasingly turning to Asia, where young populations and economic growth have led to a booming market.

This week, both Threadneedle Investments and Western Asset announced new hires in the region.

Threadneedle and Western Asset Managment among fund managers making new hires for growing Asian businesses

Eric van den Berg

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Find out who is on the move in the City and beyond this week

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CDPQ hires Sharon White to lead push in Europe

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

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The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

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The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

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Western fund managers expand in Asia

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