Capital Group has announced today the appointment of Stella Xu as head of institutional business for Greater China, effective immediately. Based in Hong Kong, she will report to Toby Chan, head of client group for Greater China.
With more than18 years of experience in asset management and joining from Fidelity International, Xu (pictured) will be responsible for leading Capital’s Greater China institutional strategy, including strengthening relationships with clients and bringing Capital Group’s investment services to institutional investors in the region.
Chan said: “Stella’s distinguished career in fostering relationships with institutional investors, coupled with her expansive market acumen, makes her an invaluable addition to the team. Her expertise will be pivotal in steering Capital Group’s global investment solutions to our institutional clients across Hong Kong and Greater China.”
Benno Klingenberg-Timm, head of institutional for Asia and Europe client group, Capital Group, added: “[Xu’s] vast experience in the industry will be a cornerstone in our institutional business team. Her appointment underscores our commitment to support our clients’ objectives in achieving their long-term financial goals with fewer but more impactful partnerships.”
Capital Group has assets under management of $2.7trn, according to the US firm.
