万亿资管巨头，高管变动

Group 1 - The core point of the news is the leadership changes at the asset management giant, Legg Mason, with Michael Thompson appointed as the new CEO for the Asia-Pacific region, effective January 1, 2024, while Derek Yung will be promoted to Deputy CEO for the region [1][2] - Ajai Kaul, the current Asia-Pacific CEO, will retire at the end of this year after 32 years with the company, and he also serves as the chairman of Legg Mason Funds, which may see a leadership change as well [1][2] - Legg Mason's asset management scale is approximately $829 billion, equivalent to about 59,355 million RMB [2] Group 2 - Michael Thompson has 30 years of experience in client management and financial services, and he will relocate from London to Singapore to oversee growth, client distribution, and strategy in the Asia-Pacific region [2] - Derek Yung has been with Legg Mason for 27 years and will support the company's ongoing growth and success in the Asia-Pacific market [2] - On January 2, 2024, Legg Mason announced that its wholly-owned subsidiary, Legg Mason Funds, received a license from the China Securities Regulatory Commission to conduct public fund business in China, making it one of the global asset management companies to do so [2] Group 3 - Legg Mason Funds has launched three public fund products to date, including two equity products (mixed equity) and one fixed income product, with a total scale of 1.11 billion RMB [3] - Following the departure of the first general manager, Qian Feng, Legg Mason appointed Luo Dengpan, who has both foreign and domestic public fund experience, as the new general manager [3] - Legg Mason also announced the appointment of a new head for the Indian market on August 26 [3]