Here WealthBriefingAsia profiles the movers
and shakers of the wealth management industry during June 2012.

Alex Jagmetti, the former head of
Asia-Pacific for Falcon Private Bank, resurfaced at Swiss private banking
boutique Gonet & Cie as head of Asia. Jagmetti left Falcon in October 2011
in the midst of a restructuring. He has been based in Asia for around a decade,
serving as managing director with HSBC and then UBS, before becoming head of
Asia-Pacific for Abu Dhabi-owned Falcon Private Bank.

Wilson HTM Investment Group, the
Australian wealth management firm, added three advisors to its Melbourne team.
David Permezel was named senior institutional advisor, Robert Ward senior
investment advisor and Ivor Ries senior research analyst. Permezel was
previously an equity partner and institutional advisor at EL & C Baillieu,
Ward used to be an equity partner and director from EL & C, while Ries was
an equity analyst and financial journalist for the likes of The Age and the
Australian Financial Review.

Barclays, the UK bank, strengthened its
emerging markets research unit with the appointment of Dr Nigel Chalk as
managing director and head of emerging Asia research based in Singapore. Chalk
joined the company from the International Monetary Fund, where he served as
China mission chief and senior advisor on Greater China and Mongolia. He has
been with the IMF since 1997. 

CME Group, the US-based derivatives and
risk management firm, appointed Izumi Kazuhara as executive director for its
Japan office. Kazuhara brings considerable experience in the exchanges and
derivatives industries, having previously worked for EUREX and NYSE Euronext.
The position is based in Tokyo.

Barclays named Rickie Chan as market
head for the Hong Kong wealth and investment management arm effective 16 August
2012. Chan was previously an executive director at Goldman Sachs, where he led
a team of bankers serving ultra high net worth clients in Hong Kong. He worked
for 16 years at Goldman Sachs, most of which involved UHNW affairs. He will
report to Pakorn Boonya-kurkul, head of wealth management for North Asia. 

John Wang, former global market manager
for Taiwan at Citi Private Bank, landed a new role setting up the family office
business of Fubon Bank (Hong Kong). Wang left Citi in February 2012 after
spending just over a year at the company. His role at Citi was taken over by
Steven Lo, head of private banking for Hong Kong and Taiwan, on an interim
basis. 

Insurance Australia Group appointed
David McClatchy as chief investment officer, succeeding John Stratton who had
taken up a similar post at Brit Insurance. McClatchy was previously a business
investment consultant at the company.

DBS Group appointed Neil Ge as its China
CEO-designate, from his previous role as managing director of Credit Suisse's
Chinese joint venture. Prior to Credit Suisse, Ge was a managing director and a
member of the executive committee at BOC International Holdings. As a result,
Melvin Teo, the incumbent DBS China CEO, is moving to a new posting within DBS
Group, to be announced in due course.

Veco Group, the Swiss-headquartered
investment management firm, opened its first office in Asia. Hong Kong-based
Veco Invest (Asia) is now led by Peter Lee as managing director, bringing with
him over 20 years of investment and banking experience. Chosen to lead the
trust arm was George Pathmanathan, tasked to advise clients on asset
protection, estate planning and wealth transfer.

Clearstream International, the Luxembourg-based
central securities depository, announced the departure of Asia-Pacific client
relations head Philippe Metoudi effective 31 July 2012. Metoudi leaves the firm
after 20 years in service. His old
responsibilities will be shared by Robert Tabet as head of South Asia, Middle
East and Africa based in Singapore and Dubai, and Alton Chan as head of North
Asia based in Hong Kong and Tokyo. The dual leadership setup is a result of a
revised organisational structure for the Asian business.

Bennelong Funds Management, the
Australian investment manager, named Jeff Phillips as its new chief financial
officer. Phillips joined from Antares, formerly Aviva Investors/Portfolio
Partners, where he was CIO and chief financial officer for Asia-Pacific. Also
hired were Hamish Wood as group finance manager reporting to Phillips, Nicole
Hammond as senior fund accountant and Angela Cavuoto as assistant accountant.

Crescent Point Group, the
Singapore-based private equity firm, partnered with investment management
veteran Charles Stone to launch Crescent Hill Capital Management, a new hedge
fund designed as a long/short equities offering with around 30 positions in the
Asia-Pacific region. The company hired Arti Hatzirodos as chief operating
officer and QiQi Shi as analyst. Hatzirodos used to be the managing director of
investment software provider Tradar Asia, while Shi was a member of the Riley
Paterson investment team in Singapore.

Friends Life, the parent company of
investment manager Friends Provident International, appointed James Lai-Hing
Tan as the new general manager for Asia and the Middle East. Tan is now based
in the firm's Hong Kong branch. He reports directly to John van der Wielen,
chief executive, international.

Sun Jie was named chairman of The China
Fund Association, China's first dedicated self-regulatory organisation launched
recently in Beijing. The organisation functions as an industry standards body
specific to the fund management sector. Beneath him are two full-time
vice-chairmen, Han Kang, who serves as deputy director of China Securities
Regulatory Commission's Shanghai bureau, and Cao Dianyi, a former director of
CSRC’s Heilongjiang bureau.

TORA, the Tokyo-based electronic
trading, technology and financial services provider, hired Momoko Itoh as head
of sales for Singapore. She joined from Goldman Sachs in Tokyo, where she had
over 11 years of investment management experience, mostly in Japan. She now
reports to Chris Jenkins, managing director for Asia-Pacific.

Indian conglomerate Kotak Mahindra
announced two senior leadership changes in its international and asset
management businesses. Gaurang Shah, president of asset management and life
insurance, was given the added responsibility for overseeing various businesses
of the Kota Group outside India. He has worked at the firm for the last 15
years. Paul Parambi, previously the head of international business, moved to
become head of group strategy. Parambi replaced TV Raghunath, whose next step
is as yet unconfirmed.

Michael Luo was chosen to lead the
Putnam Investments' newly-opened Beijing branch as chief representative. Luo
joined the US investment advisory firm from Invesco Great Wall in Shenzhen.
Prior to that, he was an advisor at China Investment Corporation in Beijing.

Founder Fubon Fund, the first
China-Taiwan asset management joint venture, announced that Song Yinong,
general manager, has exited the firm. His position was filled on a temporary
basis by the firm’s managing director, Lei Jei.

Eastspring Investments, the fund
management subsidiary of Prudential Corporation Asia, launched two offices in
the US. The Americas arm is now led by Jeffrey Smith, who is joined by Pamela
Aurbach as senior vice-president of institutional sales. Smith was previously
the head of distribution at Performance Trust Investment Advisors, while
Aurbach stepped in from Jackson National Life Distributors.

US investment manager BlackRock hired
Andrew Landman as head of alternatives in Australia. Landman was previously
from Ascalon Capital where he served as chief executive.

Bradley Okita, the chief executive of
asset management at the Asia-Pacific arm of Switzerland's EFG, left the company
after 18 months on the role. It is not clear where he has gone. He was
succeeded by Nigel Sze who was appointed head of Asia. Sze moved from being
deputy CEO for EFG Bank Asia and head of private banking in Hong Kong. Harmen
Overdijk was also promoted to the newly-created role of head of investments.
Replacements to Overdijk's and Sze's old posts have yet to be named.

Executive search firms Global Sage and
The Rose Partnership have signed an agreement aimed at creating one of the
world's biggest financial services search firms. The deal will see the two
firms co-locating their teams in London and Hong Kong.

Australian wealth manager IOOF Holdings
appointed Graham Smith as investment specialist for its WealthBuilder
investment bond unit. Smith joined from State Street Global Advisors, where he
spent the last eight years with the firm's exchange traded and unlisted funds
division.

HSBC Global Asset Management named
Cecilia Chan, a veteran of HSBC for 18 years, to lead its newly-launched HSBC
RMB Fixed Income Fund. The fund provides US investors access to China's bond
market using Chinese currency.

Former Goldman Sachs Japan president
Mark Schwartz was rehired as vice chairman of the firm and chairman of Goldman
Sachs Asia-Pacific. Schwartz, now Beijing-based, succeeded Michael Evans, who
was named vice chairman and global head of growth markets based in New York.
Schwartz returned from MissionPoint Capital Partners which he co-founded in
2006.

Fidelity Worldwide Investment named
Daniel Roberts as portfolio manager to the recently launched global dividend
fund in Hong Kong. The fund is meant to produce income by investing in global
equity securities. Roberts is supported by the firm's London-based global
equity income team. 

Equity Trustees strengthened its
Australian business with the creation of a new private wealth services division
and the appointment of Geoff Rimmer as head. Rimmer was previously the chief
executive of Financial Services Partners. In this new role, he is responsible
for the firm's entire superannuation, trustee, wealth management and aged care
operations. 

Manulife Asset Management hired Elka
Leung as a managing director and head of product development for Asia, from UK
investment manager Barclays Global Investors, based in Hong Kong.

AMP Capital rejigged its Asian equities
team by cutting four staff, hiring three former BNP Paribas bankers in Hong
Kong and relocating two existing team members to the region. Patrick Ho joined as
head of Greater China equities based in Hong Kong from BNP Paribas Investment
Partners where he was head of Greater China equities since 2005. Eugene So and
Sam Ho joined as portfolio managers/analysts, also from BNP Paribas Investment
Partners.The three will join AMP Capital in September 2012.

Meanwhile senior portfolio manager
Jonathan Reoch will relocate from Sydney to Hong Kong in September, as head of
Asia ex-Greater China.

Citi appointed Jonathan Larsen as head
of global retail banking, based in Asia. He is currently head of Asia-Pacific
consumer banking, and will also keep his regional role.

BNP Paribas Wealth Management hired
seven senior private bankers for its China and Hong Kong teams - most of whom
are Credit Suisse alumni. These include Ivan Ching, Alex Xu, Maggie Zhang,
Mandy Koo, Louisa Yau and Wincy Ching. On the products and services front, BNP
appointed Garth Bregman as as regional head of discretionary portfolio
management for Asia, based in Singapore.

Experian, the UK-listed information
services firm named Ben Elliott as managing director, Experian Decision
Analytics, Asia Pacific. He was previously network director for retail banking
at Lloyds Banking Group.

Mercer Investments
hired of a team of advisors from Sovereign Investment Research. Ray King,
together with consultants Sarah Azzi and Scott McNally, will move to Mercer
effective 2 July, taking with them their existing client base.

Fitzpatricks
Private Wealth hired John McMurdo as managing director to oversee the firm's
entire financial planning and wealth management business in Australia. Also newly appointed is Chris Cuffe as non-executive director. Cuffe
used to be part of the wealth management units of Colonial First State and
Challenger Financial Services Group.

Franklin Templeton
Investments Australia appointed Jenine Hayman as business development manager
for its retail advice distribution team, based in Sydney.

Bravura Solutions,
the financial software specialist, hired Mani Kastellas as product consultant
for wrap and investment. His appointment followed
the promotion of Michelle Lusty to product manager for Sonata, the wealth
management application suite.

Australian wealth
manager Yellow Brick Road, hired Peter Daly as head for its financial services
unit, from Australian Financial Services where he was a chief executive.

Australian wealth
manager Perpetual will adjust its staff numbers in favor or a new and smaller
leadership team and create a new division, the transformation office, to
execute these changes. The asset sales and reorganisation program is expected
to deliver ongoing annual cost savings of $50 million pre-tax by the full year
2015.

Premium China
Funds Management, the funds management arm of Australian firm Simon Wu &
Company, internally appointed Jonathan Wu, currently PCFM associate director
and head of distribution and operations, to lead national key accounts and
Western Australia. Wu's previous responsibilities, which focused on Queensland
and South Australia, will be passed on to Derek Paas and Alexandra Roos,
currently Asia investment specialist managers. In addition Lyn Su takes the role of marketing assistant to support national
advisors, while Sucre Chen assumes the newly-created role of research
assistant.

Plan B Wealth Management added Des
Luplau and Scott Harvey to its team from Horizon Investment Solutions and
Candor Financial Management, respectively.

Jasia Fabig
returned to MLC Advice Solutions and Godfrey Pembroke, both subsidiaries of
Australian wealth manager MLC, as head of practice management effective 16
July. She was most recently as head of sales and strategy at St George Wealth,
before which she was also at MLC.

Wellington
Management, the US-based investment advisory firm, hired James Crawford as
investment director, joining from AllianceBernstein where he was a senior
portfolio manager.

Towers Watson, the
global consulting firm, hired Ben Trollip as an investment research consultant.
He moves from Melville Jessup Weaver.

Russell Investments' chief executive for
ASEAN Mahendran Nathan stepped down after two years.

Tullett Prebon,
the UK broker-dealer, hired Adrien Geliot for its alternative investments team,
from Lyxor Asset Management.

HSBC named Royal
Bank of Scotland economist Su Sian Lim as its new ASEAN economist for the
global research unit, with responsibility for macroeconomic research on
Indonesia, Malaysia and Thailand.

ING Investment India named a new chief
executive. Nityanand Prabhu, currently chief operating officer, was elevated to
acting CEO for the ASEAN, India, Hong Kong and Taiwan business, following the
resignation of incumbent chief Navin Suri. Prabhu has been with the company for
five years.

The Carlyle Group
hired Neeraj Bharadwaj as a Mumbai-based managing director for its subsidiary
Carlyle Asia Partners. He joins from Accel Partners in India.

Avendus Capital,
the Indian financial services firm, hired economist Professor Eisuke Sakakibara
for its advisory council. He is a key advisor to the Democractic Party of
Japan and has been the country's vice minister of finance and international
affairs.

Motilal Oswal
Financial Services, the Indian asset management group, hired AV Srikanth as a
chief executive for its private wealth business, Purple, under the Motilal
Oswal Wealth Management Private arm. He joins from Anand Rathi Private Wealth
Management, where he was an executive director.

Kunihiko Nakao , the president of
Northern Trust's Japanese asset management business has stepped down after
nearly a decade at the US investment manager.

Grace Barki, the Singapore-based head of
Southeast Asia at Sarasin, left the Swiss boutique and is on the verge of
joining a larger rival. Her duties will be taken up by chief executive officer of
Asia, Enid Yip, until a replacement is found.

Credit Suisse
appointed Karla Borland as head of its Asian mutual funds business in charge of
mutual funds and exchange traded funds Asia, in Singapore. She moves to the
city-state from Australia, where she is part of Credit Suisse's fund analysis
and advisory arm as vice president, private bank.

Rothschild Group, named
Peter Wheeler as co-head of its Southeast Asian operations, and executive vice
chairman of the group. Wheeler joins from Standard Chartered, where he was
group head for wholesale banking for Africa, Middle East, Europe and the
Americas.

ABN AMRO Private
Banking appointed Hans-Peter Borgh as chief commercial officer for Asia and
Middle East, having previously worked at Australia and New Zealand Banking
Group.

Neuberger Berman,
expanded its Asia-Pacific team with five major hires. Thomas Holzherr is now
senior vice president for business development in Hong Kong. Mark Serocold is
vice president for business development in Hong Kong, Vincent Lim is senior VP
for business development in Singapore; Rebecca Schrage is vice president for
client services in Hong Kong, while Johnny Wong is senior VP and country head
for Taiwan.

PwC Singapore
executive chairman Gautam Banerjee is to retire on 31 December this year, to be
succeeded by Yeoh Oon Jin, who has been a senior manager in the firm, having
spent 25 years there. Yeoh - currently leader of the firm's assurance service
line - will become executive chairman designate with effect from 1 July, and
executive chairman on Jan 1 next year. Banerjee, who is 58 this year, will
retire.