Kratz to run Permal funds in Asia

Fund of hedge funds manager Permal Group has named Bo Kratz as its managing director for Asia.

Kratz joins from ABN Amro in Hong Kong, where he was head of institutional sales for Asia; he was previously chief executive of ABN Amro Asset Management in Singapore.

He will remain in Hong Kong and take over responsibility for the firm's activities in the Asia-Pacific region.

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