Posted inPeople Moves

FSA people moves (20 – 26 January 2021)

ASI hires René Buehlmann as new APAC CEO; Eastspring bolsters Americas franchise; Butterfield hires for Asia; HSBC Global AM creates APAC ETF sales role; and more…
Meeting room with a big polished table and arm-chairsOther photos from this business series:


Aberdeen Standard Investments (ASI) has appointed René Buehlmann as its new CEO for Asia-Pacific, effective 1 March.

He will replace Hugh Young, who will take on a new role as chairman for Asia, according to a statement from the firm. As Asia chairman, Young will provide strategic counsel to Buehlmann and retain his director positions on fund and UK investment trust boards.

Based in Singapore, Buehlmann will be responsible for driving the firm’s global strategy in the region as it invests to further build its franchise, accelerating growth in Asia-Pacific and bringing its global investment capabilities closer to clients. He will also be joining the executive leadership team and report to Stephen Bird, CEO of Standard Life Aberdeen.

Before ASI, Buehlmann was UBS Asset Management’s head of Asia-Pacific and global head of wholesale client coverage, where he led the firm’s regional operations across seven countries and managed its global wholesale business. Buehlmann was replaced by Raymond Yin at UBS AM, who took the APAC head position in February last year in addition to his head of China onshore role.

Globally, ASI manages $562.9bn in assets and employs 1,000 investment professionals.


Eastspring Investments is building its Americas franchise with two key hires.

Craig Mauri joined the firm as director of client development, while Brian Manders was appointed as manager for client services and sales report. Both are based in Chicago and report to Matthew Appelstein, head of Eastspring Americas, according to a press statement.

Mauri works with institutional asset owners and investment consultants in the western half of the US and throughout Canada to expand Eastspring’s brand recognition, client traction and AUM. He has around 25 years of industry experience, having held senior roles in consultant relations and business development at Fidelity, Columbia Management, Calamos Advisors and Aegon Asset Management.

Manders manages client services and sales support for the firm in the Americas and will assist in the growth of Eastspring’s client base across all the Americas channels. Before Eastspring, he spent at least 10 years in various client service and account roles at Heiman, a global real estate investment management firm.

Eastspring has an on-the-ground presence in 11 Asian markets as well as sales and client servicing offices in North America and Europe, managing around $220bn on behalf of institutional and individual clients globally, according to the statement.


Bermuda-headquartered wealth manager Butterfield has named Mark Farrell as head of Trust at Butterfield Trust (Asia) in Singapore, according to a statement from the firm.

Farrell will be responsible for the provision of trust and fiduciary services to high net worth families in the region.

He has been working in the private client industry for around 30 years, specialising in wealth planning and trust administration. He has worked for banks and law firms in the UK and Switzerland, as well as prominent trust companies in Singapore, where he held senior management positions and acted as a key contact for significant client relationships.

The firm has also appointed Amy Glover as London-based vice president for strategic relationships for group trust, the statement added. She will play a key role internationally in developing relationships between Butterfield and financial intermediaries and advisers serving high net worth families.

Glover was most recently the global director of private client at ALM/Legal Week, where she was responsible for the management of the private client intermediary network.


HSBC Global Asset Management has appointed Jacqueline Pang in the newly created role of Hong Kong-based head of ETF sales for Asia-Pacific.

Pang will be covering all client segments in Asia to help grow the firm’s ETF business, including driving sales effort and expanding the distribution in the region. She will report to Olga De Tapia, global head of ETF sales, according to a statement from the firm.

Before HSBC Global AM, Pang was State Street Global Advisors’ head of ETF capital markets for Asia-Pacific for eight years. Prior to that, she spent five years at Amundi Asset Management, where she ran the capital markets business and was responsible for the development of ETFs, covering brokers and market makers across Europe.

“ETFs are one of the fastest-growing investment products in Asia and we’re expanding our sales team to continue to meet the investment needs of our Asian clients,” De Tapia sad in the statement.

As of the end of September, HSBC Global AM managed assets totalling $568bn on behalf of its clients.


Jupiter restructures ESG team (ESG Clarity)

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Part of the Mark Allen Group.