Desmond Tjiang has been appointed chief investment officer, equities ate BEA Union Investment Management. He took up the position on 3 May 2022, according to a statement by the firm.
Tjiang is responsible for leading the company’s equities and multi-asset strategies, overseeing the investment process and formulating ESG integration approaches.
“We noticed an increasing demand for Asian assets from international markets, especially institutional investors, to diversify asset allocation and seek alpha for their portfolios. With [Tjiang’s] joining, he will definitely bring a wealth of valuable experience and input to sharpen our investment process, which will be substantial to drive our growth and meet clients’ demand,” said Eleanor Wan, chief executive officer of BEA Union Investment.
Tjiang joins from Conning Asia Pacific, where he was the chief investment officer, chairing the global asset allocation committee and managing the multi-asset fund. He has held several senior leadership roles at Mount Logan Capital, Pinebridge Investments and BNP Paribas Investment Partners (formerly Fortis Investments), across investment research, portfolio construction and strategy development, throughout his more than 25-year career.
He will replace Henry Chan, who worked at BEA Union Investment for eight years since 2014.