Some members are excited for retirement, while others approach it with a “real sense of shame and fear”. Funds are going to have to figure out how to cater to both groups or risk failing them all.
If there’s one lesson for investors from the past five years, it’s that chopping and changing their strategy – even in the face of massive market turmoil – doesn’t always pay.
Ryan steps down as regional chief of MSCI
Australian ex-pat fund manager Chris Ryan has resigned from his position as managing director and head of Asia Pacific for MSCI Inc, based in Hong Kong. A search is underway for a replacement.
Ryan, who had been in the position since September 2012, left the firm last month. Although a long-time Hong Kong resident, he is also a former managing director of Perpetual, based in Sydney, and before that a managing director of Fidelity International and ING Investment Management.
Michael Anderson, MSCI’s Australian country head, said last week that he believed Ryan would be remaining in Hong Kong after taking a break.
MSCI has been expanding rapidly in the region over the past few years due to the take-up of smart-beta products in particular and ETFs generally. The firm has also launched an ESG index which is widely used by fund managers.
