Turmoil at Chinese state-controlled investment bank CLSA is unlikely to affect its key shipping investment, Asia Maritime Pacific (AMP), according to informed observers.
CLSA has seen a steady stream of defections this year, first of analysts, then of top executives. Last week, an investigation by the Bloomberg news service cited departing top-level CLSA staff for details of a culture clash with its dissatisfied owner, Citic Securities, in Beijing.
