Neuberger Berman, a private, independent, employee-owned investment management firm, has announced the appointment of Simon Cheung as senior vice president to lead its single family office efforts in Hong Kong and Southeast Asia.
Cheung reports to Greg Wu, head of institutional client group for Southeast Asia, Hong Kong, and Taiwan.
Cheung previously worked at UBS, China Minsheng Financial, JP Morgan, and Goldman Sachs. He has a particular focus on servicing single family offices.
Wu, who relocated from Taiwan to Singapore last year and assumed an expanded role, is focused on driving the firm’s institutional business across Southeast Asia, Hong Kong, and Taiwan.
Wu commented: “[Cheung’s] deep understanding of the single family office landscape will be invaluable as we continue to strengthen our capabilities and deliver exceptional service to our clients.”
In addition, Neuberger Berman has named Madeline Ho to lead intermediary sales for Singapore and Southeast Asia, effective 1 August. She will report to Jose Cosio, head of intermediary – EMEA, LATAM, and APAC.
Ho, a veteran in the asset management industry, brings nearly 30 years of experience from financial institutions, managing intermediary and institutional business for Southeast Asia. She was most recently chief commercial officer at SBI Digital Markets, formulating and implementing strategies to originate and distribute tokenized products, including fund products.
Previously, Ho was the CEO of Natixis Investment Managers, Singapore, and head of wholesale fund distribution for Apac. She played a key role in launching and expanding the firm’s intermediary business in Southeast Asia and Hong Kong. Before that, she was Fidelity International’s regional head of Singapore & SEA, and served as Franklin Templeton Investments’ country head for Singapore.
“We are excited to have Madeline join us as we continue to deepen our relationship with financial institutions in Singapore and Southeast Asia,” said Jose Cosio.
Cosio said: “With the growing appetite for multi-sector fixed income and semi-liquid alternative products in the retail space, we believe [Ho’s] experience will be instrumental in driving growth in Singapore, which now offers 34 funds under the Singapore Recognised Scheme across traditional and alternative asset classes.”
