Morgan Stanley Asia ECM Co-Head Andersson Retires After 15 Years

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Magnus Andersson, Morgan Stanley’s Asia Pacific co-head of equity capital markets, is retiring after more than 15 years at the firm.

Cathy Zhang, the other co-head of equity capital markets for the region, will continue to lead the team after Andersson’s departure, according to an internal memo seen by Bloomberg News that was confirmed by a spokesperson.