Rajeev De Mello will move to Schroders Plc to run Asian debt investments for the U.K.’s biggest publicly traded fund company, leaving his job at Western Asset Management Co.
Brisa-Auto Estradas de Portugal SA, the country’s biggest toll-road operator, plans to step up cost cutting as traffic and toll revenue in Portugal may miss its target this year, Chief Executive Officer Vasco de Mello said.
Rajeev De Mello , head of investments and operations in Singapore at Western Asset Management Co., will leave the firm next month.
"If we see a bit of a recovery in the U.S., as we've seen, a bit of a recovery in China as well as the region, Korea will benefit."
- De Mello on Aug 25, 2013