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IAHC Hires for Asian Fixed Income Trading

International Assets Holding Corporation (IAHC) has hired Saw Jin Hong to build up its Asian fixed income business that will focus on trading and investing in high yielding debt and special situations.  The appointment follows the hiring of an Asia head of margin FX and Asia head of metals in recent months (see Squawkbox June 18, 2007).   Saw was previously CEO, Standard Merchant Bank (Asia) in Singapore, and will report to Malcolm Wilde, IAHC’s Singapore based CEO for Asia. Wilde is also from Standard Bank and joined IAHC late last year. Saw notes that “experienced bankers joining non-bank financial institutions and hedge funds have become commonplace in the well-established markets of New York and London. We are beginning to see such movements in Asia.”

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