People Digest: M&G beefs up APAC team: Razer Fintech ropes in ex-DBS exec

Neal Cross is the co-founder and chairman of PictureWealth.

M&G Investments, a UK-based investment firm that has been demerged from Prudential Plc, has expanded its APAC equity and alternatives team. Meanwhile, Razer Fintech has got on board Neal Cross, former chief innovation officer of DBS Bank, as an advisor to deepen its fintech offerings.

M&G Investments strengthens APAC equity team

UK investment management firm M&G Investments has appointed several key executives for its Asia equity and alternative business, according to the firm’s announcements earlier this week.

M&G has promoted Dave Perrett to manage its £161 million M&G Asian Fund and €90 million M&G (Lux) Asian Fund, with immediate effect.

This appointment comes on the heels of the formation of M&G’s new Asia Pacific equity team, led by Perrett and Carl Vine, who along with five other members specialise in Asian markets.

Alastair Bruce, who previously held the position, retains his fund management responsibilities in the global emerging markets equity team.

Perrett started his career with Prudential in 1991. Prior to M&G, he and Vine co-founded Oxford-based boutique investment firm Port Meadow Capital Management in 2014.

M&G has also appointed Matthew O’Sullivan as head of Asia Pacific origination to build a credit and alternatives origination team based in Singapore. “The team will originate investment opportunities in the Asia Pacific region which will enable M&G to diversify its assets and expand its investment universe,” M&G said in a statement.

Razer’s fintech arm ropes in former DBS Bank innovation chief 

Razer Fintech, the financial technology arm of Singapore-based gaming hardware maker Razer Inc, has appointed former DBS Bank chief innovation officer Neal Cross as an advisory board member.

The company said the appointment will assist its strategy of building a global fintech platform, including extending its offerings into the financial and digital banking services space.

“There, we see a massive opportunity globally, especially amongst the underserved demographics of the youth and millennials,” added Min-Liang Tan, co-founder and CEO of Razer Inc.

Cross, who started his early career as a game developer, is currently also chairman of Perth-based fintech company PictureWealth.

In November 2019, Razer Fintech also appointed Eduard Fabian as CTO. Fabian brings over 20 years of experience in leading technology teams in Asia, Europe and the US, including serving as UOB Bank’s group technology head.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.