US asset management firm Northern Trust has made several new hires to strengthen its Greater China, northern Canada and N. America team. Meanwhile, UBS and M&G have also announced some moves to bolster their Asian operations.
Northern Trust ropes in Johnson Har in HK
Johnson Har has joined Northern Trust as an institutional sales manager in Hong Kong even as the firm beefed up its team in the US and European markets.
It roped in Shaun Flavin as head of North American institutional sales and Andrea Perry as senior client relationship manager. In London, Nigel Colgan joined the firm’s institutional sales team in a newly created role of senior technology sales consultant, EMEA.
Hong Kong’s new institutional sales manager Har will focus on bringing Northern Trust’s solutions to asset owners and asset managers across China, Hong Kong, Taiwan and South Korea.
Previously, Har worked for SS&C Fund Services. He has almost ten years of experience in business development and client relations for asset management, fund servicing and financial technology in the Hong Kong market. Prior to that role, Har was vice president, business development and client relations at Wells Fargo Global Fund Services in Hong Kong.
UBS appoints Amy Lo as head of China private banking
UBS has announced that it appointed Amy Lo as Chairwoman and head of UBS’s private bank in greater China. She will continue her role as country head for UBS Hong Kong.
As Chairwoman, Lo will be responsible for UBS’ wealth management strategy and key initiatives for the greater China markets as well as ensuring strong alignment and integration of China teams across all locations and segments.
The firm also announced that Ravi Raju – a well-known private banker it hired from Deutsche Bank last year – will be stationed as global head for ultra-high net worth clients in Asia.
Early this week, UBS enlists Maria Sharapova and eight other prominent individuals to sit in its new ‘Unique’ advisory board to help the bank attract high-networth female clients.
M&G Real Estate Asia hires industry veterans
Real estate fund management arm of M&G Investments, M&G Real Estate Asia, has recruited three industry veterans for its Asian operations. It has brought in Richard van den Berg, Tenshin Ito, and Robert Walker to join as fund manager, head of Japan, and non-executive director, respectively.
Ito will be based in Tokyo and will report to Chiang Ling Ng, chief executive and chief investment officer of M&G Real Estate Asia.
Meanwhile, Berg will join M&G Real Estate’s Singapore team in mid-August, replacing Scott Girard who is relocating to Australia. Lastly, subject to regulatory approval, Robert Walker will join as an independent board director for M&G‘s core Asia property strategy in November. He joins from ADIA (Abu Dhabi Investment Authority) where he was Head of Asia Pacific Real Estate.
M&G Real Estate Asia oversees in excess of $4 billion and employs around 50 people across Singapore, Tokyo and Seoul.