Lazard’s Prugue to oversee new Hong Kong office

Lazard Asset Management is to open its fourth Asian office following the recruitment of Henry Choon as managing director for business development and marketing in Asia ex-Japan.

Choon, who joins from Lehman Brothers Investment Management, will be reporting to Lazard’s Asia Pacific head, Rob Prugue. Prugue, an Australian, relocated this year from Sydney to Japan for several months. Prugue described Choon’s recruitment as a key hire as he was responsible for establishing Lehman’s presence in Hong Kong. The other Lazard offices which report to Prugue, apart from Sydney and Hong Kong, are Seoul and Tokyo.

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‘Bang, fizzle, pop’: AustralianSuper CIO laments late tilt to AI

The outgoing chief investment officer of AustralianSuper Mark Delaney said one of the biggest regrets he will have as he leaves the $410 billion fund is not going overweight on the AI and digital thematic in public markets sooner, as the nation’s most powerful allocator reflects on the investment case of the technology sector in the superannuation summit in New York last week.

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