Raffles Family Office makes key hire

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The firm pulled an executive from BNPP Wealth for the MD role and hopes to double headcount to 100 in two years.

Hong Kong-based Raffles Family Office has appointed Cameron Harvey as managing director, according to a Linkedin post by the firm.

Harvey will be responsible for advising the firm’s clients in Asia and in Europe, the firm said.

Harvey was previously a director at BNP Paribas Wealth Management. Before that, he held senior roles at UBS Wealth Management and ANZ Bank.

The family office has bold plans in the region.

The firm, which was established two years ago, opened a Singapore office last year and plans to open another one in Taiwan, Ray Tam, Hong Kong-based managing partner and co-founder, said recently.

The firm’s regional plans come with a huge AUM target: increase assets under management to $10bn in 2020 from $1.5bn today.

To support the expansion plans, management is hoping to double headcount to 100 by 2020, which will include relationship managers and back office support.

It has already hired key people for investment management roles, including Lawrence Chan as senior portfolio manager to manage global fixed income investments and  Desmond Cheung, who joined in January as a senior portfolio manager for equities.

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