Posted inPeople Moves

Endowus appoints chief investment advisory officer

Hugh Chung brings with him more than 20 years of experience in asset management and financial advisory.
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Digital wealth management platform Endowus has appointed Hugh Chung as its chief investment advisory officer.

He will lead the collective efforts of the centralised investment office across the Endowus Group, which includes the Endowus digital platform, Endowus Private Wealth and now Carret Private.  

He will work closely with Samuel Rhee, chairman and chief investment officer, in providing group strategic direction on the expert curation and management of all investment solutions across public and private markets that are now accessible to individual and institutional investors in Singapore and Hong Kong. 

Chung brings with him more than 20 years of experience in the asset management and financial advisory space in Asia. In his previous role as the chief investment officer for a single family office, he was responsible for strategic asset allocation, portfolio construction and fund selection across all regions and asset classes. Chung was managing director at Kadensa Capital and Azentus Capital as the founding member and senior investor of two of the most successful hedge fund launches in Asia. Prior to this, Chung had oversight of Korea equity distribution at JP Morgan and was at Goldman Sachs in its principal strategies group in Asia and Samsung Securities.

“Today, I am excited to be a part of the wealthtech transformation Endowus is leading, to empower more clients and remain aligned with their needs, by offering low-cost access to best-in-class investment solutions. I am also looking forward to contributing to the continued expansion into new asset classes such as private markets and alternatives, and in new markets like Hong Kong,” said Chung.

“Hugh’s extensive experience in client advisory and managing and investing client assets across the full spectrum of asset classes makes him an ideal candidate to offer leadership and greater expertise to the central Investment Office of the Endowus Group. As we gear up for launch in Hong Kong, Hugh’s regional expertise and his time spent in the market will also be a valuable asset to us,” said Rhee.

Part of the Mark Allen Group.