Matthews Asia
The investment firm has confirmed its top-performing manager Tiffany Hsiao is leaving the firm next week along with two deputy managers to pursue other opportunities.
Hsiao, who is lead manager of the Matthews China Small Companies and Matthews Asia Small Companies strategies, will leave the firm on 31 August.
It also confirmed Beini Zhou and Yuanyuan Ji will leave the company on the same day.
Zhou is deputy manager on the Asia Small Companies fund while Ji is deputy on the China strategy.
The China Small Companies strategy will be taken over by Winnie Chwang and Andrew Mattock as co-lead managers.
The duo currently manages the core Matthews China strategy which has outperformed its benchmark over one, three and five years.
Vivek Tanneeru, who currently manages Matthews Asia’s Asia ESG strategy, will take over the Asia Small Companies fund.
India Capital Growth Fund
It has hired Patrick Firth to join its board and become chairman of the audit committee.
Firth qualified as an accountant with KPMG and has worked in the investment and funds industry in operations and management in Guernsey for nearly 30 years.
John Whittle is standing down as chairman of the audit committee and from the board.
The Financial Ombudsman Service
Dame Gillian Guy has been appointed as its independent assessor.
The independent assessor reviews complaints about the level of service provided by FOS.
Guy will start her role in October.
She has been chief executive of Citizens Advice for the last 10 years.
