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Tag: Raymond

  • UBS Asset Management Bolsters China Equities Team with Former Invesco Pro, Raymond Ma

    UBS Asset Management Bolsters China Equities Team with Former Invesco Pro, Raymond Ma

    UBS Asset Management has recently augmented its China equities team with the addition of Raymond Ma, a veteran portfolio manager formerly linked to Invesco. Ma will be serving as deputy to Bin Shi, the head of China equities, and will be stationed in Hong Kong.

    Ma most recently held the position of Chief Investment Officer for mainland China and Hong Kong at Invesco. He was responsible for the management of several of the company’s China and Greater China funds during his tenure. Even before his stint at Invesco, Ma had a significant 15-year run at Fidelity in Hong Kong, where he made a substantial impact as a principal China portfolio manager.

    A Long-standing Professional Bond

    Bin Shi and Raymond Ma have shared more than just their professional pursuits. They have known each other for over two decades, serving as important figures in the industry. Additionally, they share a fundamental approach towards investing, which will likely foster a strong partnership in their roles at UBS.

    Questions & Answers

    Who has recently joined UBS Asset Management’s China equities team?
    Raymond Ma, a former portfolio manager from Invesco has recently joined UBS Asset Management’s China equities team.

    Who will Raymond Ma serve as deputy to at UBS?
    Raymond Ma will serve as deputy to Bin Shi, the head of China equities at UBS.

    What was Raymond Ma’s role at Invesco?
    At Invesco, Raymond Ma held the position of Chief Investment Officer for Mainland China and Hong Kong and managed several of the firm’s China and Greater China funds.

  • Raymond plans to open 500 more Indian stores by 2021

    Raymond plans to open 500 more Indian stores by 2021

    Indian retailer Raymond is set to operate 1500 stores across the territory within two years.

    The firm currently runs 1000 branded stores and 500 outlets under other brand names across 600 cities in India. It will seek to expand its home brand in lower-tier cities via a franchise model.

    Raymond stores average 2000sqft, although the firm has been focused on establishing smaller-format stores over the past 18 months.

    Indian retailer Raymond currently runs the largest branded fashion retail network within India and also operates in Bangladesh, Nepa, the Middle East and Pakistan. It has plans to enter the US market in “the near future”.