Posted inBusiness moves

Gam opens Singapore office

The Swiss-based asset manager has also hired a business development head for Southeast Asia.
Terence Bong, Gam Investments

Gam Investments said that it has hired Terence Bong to lead client activities for Singapore and the South East Asia region. He will also head GAM’s new office in Singapore.

Bong will be responsible for business development and client relationships in Singapore and the Southeast Asia. He will be based in Singapore and will report to Rossen Djounov, head of Apac.

Bong’s appointment and the establishment of an office in Singapore underscores the importance of Asia Pacific, where Gam has an established client base, as a strategic growth market for the firm, according to a press release.

“The establishment of an office in Singapore, together with [Bong’s] appointment, represents an important strategic step for the firm. We are planning to grow our business in Asia, including by responding to growing client demand for sustainable solutions in the region,” said Peter Sanderson, Gam group CEO.

Gam has existing offices in Hong Kong, Tokyo and Sydney in the region.

Bong was previously head of wholesale for Southeast Asia at Templeton Asset Management, where he was responsible for distribution to private banks, independent financial advisors, insurance companies and consumer banks across Singapore, Thailand and the Philippines.

Prior to Templeton, Bong was head of intermediary business development for three years at Nikko Asset Management Asia. Bong has also worked at Schroder Investment Management, Aviva and Citibank Singapore.

Part of the Mark Allen Group.