The Capital Company has expanded its senior leadership team with the hire of Aleksey Mironenko as global head of investment solutions, according to a statement from the firm.
Headquartered in Hong Kong, The Capital Company is an independent boutique wealth manager that manages $1.1bn in discretionary mandates, Mironenko told FSA.
The firm’s clients include retail and high net worth investors and focus on cross-border investors or those who have global concerns, he said. For example, besides managing offshore investments, the firm also helps clients navigate other concerns such as international tax, estate planning and tax-efficient managed investment portfolios.
“All of the assets are discretionary,” he said, adding that wealth and asset management advice is customised for each investor.
Mironenko’s hire follows the firm’s merger with Dallas-based wealth manager BFT Financial Group in 2019, which has expanded The Capital Company’s wealth management capabilities in the US, according to the statement. Besides Hong Kong and the US, the firm also has a presence in the UK.
Mironenko noted that his role is newly created.
“It’s a new role, created to enhance investment capabilities and enable further global expansion in Asia, the US and Europe,” he said.
Before The Capital Company, Mironenko was at Hong Kong-based ETF provider Premia Partners, where he was partner and chief distribution officer for three years. Premia Partners first entered Hong Kong’s ETF market in 2017 and now manages seven products, according to its website. Before that, Mironenko held various leadership roles at Blackrock’s iShares, including head of Asia-Pacific income and head of Asia ex-Japan institutional sales.
Premia Partners will not be directly replacing Mironenko in his chief distribution officer role, but instead will be making two hires for sales and distribution, Rebecca Chua, managing partner at Premia Partners, told FSA. Chua did not elaborate on the hires, but said that the firm will be making an announcement in the next few months.
“In terms of client coverage, both the partners and the sales and distribution team will continue to provide coverage directly,” she added.
“We wish [Mironenko] all the best in his new role and look forward to continuing partnering with him going forward in a different capacity,” Chua said.
RBC Wealth appointments
Separately, RBC Wealth Management has made two senior banker hires in Asia, according to a statement from the firm.
They are senior director Ada Chan and director Cheryl Ong. Both will work in relationship management roles in Singapore, with a focus on servicing families in Asia, including those who have ties globally, especially to Canada, the US and the UK.
Chan will report to David Tan, executive director and team head for North Asia, while Ong will report to Rohit Bhalla, executive director and team head for Southeast Asia.
Chan was a senior banker at UBS in Hong Kong, where she spent 13 years working with clients and prospects from Hong Kong, China, Taiwan and Thailand. Ong was at CA Indosuez, where she provided advice and wealth management solutions to high net worth individuals and families, predominantly across Southeast Asia, according to the statement.
The firm made several hires within its relationship management teams in Asia during the first half, including Anika Tan from Westpac, Alan Ka from China Citic and Dyanne Tan from HSBC Private Bank, according to the statement.
In May, it also announced two senior wealth planning hires to cover the region, which include Alvin Chiam, who joined the Singapore team as wealth planner, and Belle Hu, who joined as Beijing-based associate director for business development, it added.
