Hobeng Lim was appointed managing director to lead the finance sector in the Gelephu Mindfulness City. FA spoke to him about his new role, and how finance can embody the concept of ‘mindfulness’.
The World Bank, the Asian Development Bank, the Islamic Development Bank and others, are providing support packages worth billions of dollars, to help with financial sector reforms.
The former head of Citi’s Apac equity derivatives trading will relocate from Singapore to Hong Kong and cover Asia South, Japan, Asia North and Australia.
With Indian equities accounting for over 20% of a major MSCI index, active managers may have a choice between raising their holdings in an expensive market or seeing higher tracking errors, as the Chinese market continues to come under pressure.